Russian oil price cap

The Group of Seven (G7) nations and Australia on Friday mentioned they'd agreed a $60 per barrel worth cap on Russian seaborne crude oil after European Union members overcame resistance from Poland and hammered out a political settlement…

A value cap that Group of Seven (G7) international locations need to impose on Russian oil will present consumers with leverage to get higher costs, a U.S. Treasury official mentioned on Wednesday. America has held "optimistic dialogue"…