Breaking news: G7 finance ministers want to cap price of Russian oil

The finance ministers of the G7 of economically strong democracies want to push through a price cap on Russian oil.

Breaking news: G7 finance ministers want to cap price of Russian oil

The finance ministers of the G7 of economically strong democracies want to push through a price cap on Russian oil. The measure is aimed at reducing Russia's income, but at the same time cushioning the effects of the Ukraine war on global energy prices, it said on Friday in a joint statement available to the German Press Agency.

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