Ukraine war: EU, G7 agree to cap price on Russian oil at $60/barrel | Oneindia News *International

Video Credit: Oneindia
Published on December 3, 2022 - Duration: 03:03s

Ukraine war: EU, G7 agree to cap price on Russian oil at $60/barrel | Oneindia News *International

The European Union, Group of Seven(G7) Nations and Australia have agreed to put a price cap of $60 per barrel on Russian seaborne crude oil as part of an international campaign to curb Russiaโ€™s ability to finance its war against Ukraine through energy sales.

Let us see what impact would this price cap have on the market.

#EU #G7 #RussianOil


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