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Russia rejects $60-a-barrel cap on its oil, warns of cutoffs

Por: ABC News Business December 03, 2022

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KYIV, Ukraine -- Russian authorities rejected a price cap on the country's oil set by ’s Western supporters and threatened Saturday to stop supplying the nations that endorsed it. Australia, Britain, Canada, , the United States and the 27-nation European Union agreed Friday to cap what they would pay for Russian oil at $60-per-barrel. The limit is set to take effect Monday, along with an EU embargo on Russian oil shipped by sea.Kremlin... + full article



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