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G-7 and European Union impose $60-per-barrel price cap on Russian oil

Por: CBS News Politics December 03, 2022

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The Group of Seven nations and Australia agreed Friday to adopt a $60-per-barrel price cap on Russian oil, acting shortly after the European Union reached unanimous agreement on the same price earlier in the day.After a last-minute flurry of negotiations, the EU presidency, held by the Czech Republic, tweeted that ambassadors have just reached an agreement on price cap for Russian seaborne #oil. Europe needed to set the discounted price that... + full article



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