Current Events | Russia Takes a Big Risk With $60/Barrel Oil Cap - Will It Pay Off? | #shorts #news

Current Events | "Russia Takes a Big Risk With $60/Barrel Oil Cap - Will It Pay Off?" | #shorts #newsShow more

Russia called the decision of the coalition of G7 nations and Australia to cap the price of Russian seaborne oil at $60/barrel a "dangerous" attempt by Western governments. Russia also said that it would continue to find buyers for its oil. "Steps like these will inevitably result in increasing uncertainty and imposing higher costs for raw materials' consumers," Russia added.

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#Russia #G7 #Australia #OilPriceCap #WesternGovernments #RawMaterials #Uncertainty #CostsForConsumers #melbournenews

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