5 February 2023

Russia-Ukraine war: G7 price cap on Russian oil kicks in

The price cap on Russian seaborne oil agreed upon by the European Union, the G7 and Australia has come into force. The cap of $60 per barrel, which took effect on Monday, is aimed at limiting Russia’s ability to finance its war in Ukraine while making sure it keeps supplying the global market. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Ukrainewar #Ukraine #Russia
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