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

Oil ended the week at this price

Oil rose again

The price of oil today

Forecast of the world economy from the IMF

Oil rose again

Oil started the week with this price

Azerbaijani oil price increases

Oil became more expensive

Oil started the week with this price

The dollar fell in Turkiye

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