President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing a decree that bans the supply of oil and oil products to nations participating in the cap from Feb. 1 for five months.
The Group of Seven major powers, the European Union and Australia agreed this month to a $60-per-barrel price cap on Russian seaborne crude oil effective from Dec. 5
www.euronews.com/next/2022/12/27/ukraine-crisis-russia-oil
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