G7 joins EU on 60 dollar per barrel price cap on Russian oil
It's set to come into force next week The Group of Seven nations (G7) and Australia agreed on Friday to adopt a 60 dollar-per-barrel price cap on Russian oil, acting shortly after the European Union reached unanimous agreement on the same price earlier in the day. The European Union had tentatively agreed to the price cap as Western sanctions aim to reorder the global oil market to prevent price spikes […]