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G7 finance ministers agree on price cap on Russian oil
short by Indraneel Sen / on Friday, 2 September, 2022
G7 finance ministers on Friday said they have agreed to implement a price cap on Russian oil to impede Moscow from attaining its objectives in its invasion of Ukraine. The G7 ministers attended a summit in Elmau, Germany. US Treasury Secretary Janet Yellen said the price cap will deliver a blow to Russian finances and hinder its operations in Ukraine.
read more at DW