Ukraine war: EU, G7 back $60-per-barrel price cap on Russian oil

Video Credit: euronews (in English)
Published on December 3, 2022 - Duration: 00:30s

Ukraine war: EU, G7 back $60-per-barrel price cap on Russian oil

The $60 (€56.9) price cap on Russian oil per barrel, also adopted by G7 countries and Australia, is seen as a key step as Western sanctions aim to starve President Vladimir Putin of funding for his war in Ukraine.


You are here


💡 newsR Knowledge: Other News Mentions




Related news from verified sources

The European Union reached a deal Friday for a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to...
on December 2, 2022 • IndiaTimes

Russian authorities rejected a price cap on the country's oil set by Ukraine's Western supporters and threatened Saturday to stop supplying the nations that...
on December 4, 2022 • IndiaTimes

India will continue buying Russian oil because sanctions allow purchases provided that Western services are not used, an oil ministry source said on Friday. The...
on December 2, 2022 • IndiaTimes

Related videos from verified sources

Putin bans Russian oil exports to countries that imposed price cap 01:28
Video credit: FRANCE 24 English - Published on December 28, 2022 

Russia decides not to export oil to countries complying with Western cap| Oneindia News *News 02:05
Video credit: Oneindia - Published on December 28, 2022 

Russia bans the export of crude oil to countries that impose price cap 01:03
Video credit: euronews (in English) - Published on December 27, 2022 

You might like