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GeoBITs

intel.ks.group

GeoBITs

December 13, 2022

Dakota Cary
Dec 13, 2022
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GeoBITs

intel.ks.group

Russia & Europe

Economy

As a price cap prohibiting shipping and insurance of Russian crude cargoes of over $60 a barrel takes effect among the Group of Seven (G7) industrialized nations this month. Moscow is considering its response options.

  • Russia has repeatedly said it will simply not supply oil to countries that implement the cap. "Starting from this ye…

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