Putin says will not sell oil at lower price cap
Shortpedia
Content Team
Image Credit: AP
Speaking at the Russian Energy Week 2022, Russian President Vladimir Putin on Wednesday announced that Russia would not sell oil at a lower price cap after the Group of Seven (G7) pledged to put a cap on the price of Russian oil sold across the world. The cap by G7 would prevent Russian cargoes from selling oil that exceeds the still-undefined G7 limit.
