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Half-baked dividends The price cap on Russian oil was introduced in December 2022 by the Group of Seven (G7) under the initiative of the Joe Biden administration. It was hailed as an ingenious ...
The European Union will not unilaterally reduce the price cap on Russian oil from US$60 to US$45 per barrel, as this initiative is unlikely to be supported by the Group of Seven (G7). Source: two ...