Group of Seven officers have agreed to evaluation the extent of the worth cap on exports of Russian oil in March, U.S. Treasury Deputy Secretary Wally Adeyemo mentioned on Friday.
The G7 economies, the EU and Australia agreed in December to cap sea-borne exports of Russian oil at $60 a barrel as a part of Western sanctions for Moscow’s invasion of Ukraine. The officers additionally agreed to 2 distinct caps on Russian oil merchandise.
(Aside from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)
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