Description
Added on the 02/02/2023 13:30:38 - Copyright : AFPTV - First images
Moscow has announced a ban on the export of crude oil to countries that have introduced price caps on Russian oil and petroleum products.
Here is our summary of the latest news from Russia's war in Ukraine.
The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production. As the world's key shipping and insurance firms are based in G7 countries, the cap could make it difficult for Moscow to sell its oil for a higher price. FRANCE 24's Leo McGuinn tells us more.
A price ceiling on Russian seaborne crude oil agreed upon by Australia, the EU and G7 nations will come into effect on Monday, with a cap on refined petroleum products due in February next year.
A $60 price cap set on Russian oil agreed by the EU, G7 and Australia is not "serious" because it is "quite comfortable" for Moscow, says Ukrainian President Volodymyr Zelensky.
Immigration
|
Support : Technical 
- Content 
- Editors 
