highlights
G7, Australia to keep Russian oil trade services below price cap
Crude oil price cap to be introduced on December 5 or “very soon after”.
October Sea transport exports of Russian crude rise to almost pre-war levels
The G7 and Australia, its current member of the price cap coalition, agreed on December 2 on a $60/b cap for seaborne crude oil of Russian origin, the G7 and Australia said in a late December 2 joint statement of unanimous…