Home » G7, ok to the oil price ceiling: “A big blow to Russia”

G7, ok to the oil price ceiling: “A big blow to Russia”

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G7, ok to the oil price ceiling: “A big blow to Russia”

BERLIN – G7 finance ministers agreed on a ceiling on the price of oil which aims to limit revenues to Russia, guilty of continuing to fuel the armed conflict in Ukraine. After the virtual meeting, Christian LindnerMinister of Finance of Germany (who holds the presidency of the G7), highlighted the double benefit of the measure.

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