Explained | What impact will the G7’s $60 price cap on Russian oil have on markets?
An aerial view shows the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia on August 12, 2022. | Photo Credit: REUTERS The story so far: On December 3, the Group of Seven (G7) nations and Australia said a consensus had been reached on a $60 price […]
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