The Daily Star – Reuters, Brussels
The Group of Seven (G7) coalition will seek to set two price caps on Russian refined products in February, one for products trading at a premium to crude oil and the other for those trading at a discount, a G7 official said.
The coalition – which consists of Australia, Canada, Japan and the United States, plus the 27-nation European Union – introduced a $60 per barrel price cap on Russian crude from December 5, on top of the EU embargo on imports of Russian crude by sea.Read more on The Daily Star
