Vladimir Putin threatens oil production cuts over G7 price cap | Oneindia News *International

Video Credit: Oneindia

Published on December 10, 2022 - Duration: 02:18s

Vladimir Putin threatens oil production cuts over G7 price cap | Oneindia News *International

Russian president Vladimir Putin has threatened to cut oil production in response to the G7’s price cap on Moscow’s crude exports.

On Monday, the Group of Seven, European Union and Australia imposed a price limit on Russian oil of $60 per barrel in a move aimed at reducing Moscow’s ability to finance its war in Ukraine.

#VladimirPutin #OilPriceCap #Russia

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Vladimir Putin

President of Russia (1999–2008, 2012–present)

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Political and economic union of 27 European states

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