Axar.az
UP

G7 and allies approve a cap on the price of Russian oil

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

The G7 group and its allies have officially approved a cap on the price of Russian oil.

Axar.az reports that in a joint statement, the G7 and Australia said the price cap would come into force on 5 December or "very soon thereafter".

It comes after the European Union agreed on the price cap after persuading Poland to back it.

The plan, which stops countries paying more than $60 (€57; £48) a barrel, needed the agreement of all EU states.

Date
2022.12.03 / 12:56
Author
Axar.az
Comments
See also

Azerbaijan currency rates

Azerbaijan currency rates

Oil prices decreases again

Oil prices decreases again

Azerbaijan currency rates

Oil prices have have dropped

Azerbaijan currency rates

Forex reserves of Azerbaijan’s Central Bank exceed $9B

EU achieves good results in green energy

Azerbaijan currency rates

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla