Russian oil price cap will give buyers leverage: US official https://ift.tt/JGVAkyB price cap plan agreed by G7 wealthy nations calls for participating countries to deny insurance, finance, brokering, navigation and other services to oil cargoes priced above a yet-to-be-determined price cap on crude and oil products. The European Union is looking at an oil price cap to match the one agreed by the G7, diplomats said last month.
Wednesday, October 5, 2022
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