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Price cap on Russian crude oil exports due to come into effect
Video Credit: euronews (in English)
Published on December 5, 2022 - Duration: 01:00s
Price cap on Russian crude oil exports due to come into effect
A price ceiling on Russian seaborne crude oil agreed upon by Australia, the EU and G7 nations will come into effect on Monday, with a cap on refined petroleum products due in February next year.
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G7
International intergovernmental economic organization
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European Union
Political and economic union of 27 European states
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