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U.S. behind delay in review of G7 Russian oil price cap: Officials

Por: Newsweek World March 22, 2023

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The G7 group of advanced economies has delayed a long-awaited review of its price cap on exported Russian seaborne crude oil introduced in line with a European Union (EU) embargo in December and partially credited with the Kremlin's ballooning budget deficit.Bloomberg first reported the delay on Monday, citing EU officials. European and Ukrainian sources confirmed to Newsweek on Tuesday that the review had been pushed back, with two... + full article



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