G7, Australia agree on fixed price for Russian oil. #Reuters
![]() 1221 Friday, 04 November, 2022, 14:00 The Group of Seven (G7) and Australia have agreed to set up a fixed price for Russian oil rather than introduce a floating rate that is also being discussed, Reuters reported on Thursday citing own sources. The countries expect to make a decision on a price cap for Russian oil in late November. According to the source, the G7 and Australia "agreed the price cap will be a fixed price that will be reviewed regularly rather than a discount to an index." Following a meeting of finance ministers from the Group of Seven on September 2 in Berlin, the G7 club agreed to introduce a proposed price cap on Russian oil to limit the country’s revenues from its export. For doing this the G7 member states seek to establish a broad coalition and urge all countries that still seek to import Russian oil and petroleum products to commit to doing so only at prices at or below the price cap. Moscow warned it will suspend supplies of oil and petroleum products to states that decide to join this initiative. |
US to impose new duties on solar imports from Southeast Asia
114122.04.2025, 20:39DHL suspends high value US deliveries over tariffs
131320.04.2025, 21:11Ruble Is Top Performing Currency as US Trade War Hits Dollar: Bloomberg
174315.04.2025, 22:0317th package of EU sanctions against Russia may be considered in May
177814.04.2025, 21:51Reuters: Компании ЕС хотят увеличить импорт российского газа
148414.04.2025, 21:27Galluzin։ "The process of leaving the EAEU will be painful for the population of Armenia"
129414.04.2025, 10:45China Raises Tariffs on US Goods to 125% in Retaliation
153611.04.2025, 13:09UK imposes sanctions on Georgia's Chief Prosecutor
147810.04.2025, 17:57