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
See also

Bitcoin price breaks all-time high again

Oil prices fall on global markets

Bitcoin hits record high of $113K

Oil prices keep rising globally

Oil prices keep rising in global markets

Oil prices rise again

Oil prices edge down

Oil prices edge down on global markets

Oil prices slightly up

Oil prices keep climbing

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