Here We Go: G7 to enforce Russian oil price cap; Russia will not comply; Russia turns off Nord Stream “indefinitely”

“The finance ministers of the Group of Seven influential nations announced on Friday their intention to ban maritime services transporting Russian oil if its price is not approved by ‘international partners.’

…Moscow has made it clear that it would not comply, instead shipping its crude to countries not bound by the cap. Deputy Prime Minister Alexander Novak warned on Thursday that nations that support the price cap will not get Russian crude.”

https://www.rt.com/business/562059-g7-russia-oil-price-cap/

Well, Russia has responded by turning Nord Stream off “indefinitely”:

https://www.rt.com/business/562081-russia-eu-gas-stopped/

 

h/t OldCatfish

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