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Maroc Maroc - ENERGYFOCUSREPORT.COM - A La Une - 19/Feb 07:28

G7 Weighing Tightening Russian Oil Price Cap

The Group of Seven is considering collectively tightening an oil price cap on Russian petroleum in an effort to cut Moscow’s oil revenues as the war in Ukraine rages on, Bloomberg has revealed. A draft statement seen by Bloomberg shows that these nations could task their finance ministers to collectively redraw the price limit–currently set at...

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