LONDON/NEW DELHI/MOSCOW, Nov 23 (Reuters) – The Group of Seven (G7) nations’ proposed price cap of US$65-70 per barrel for Russian oil would have little immediate impact on Moscow’s revenues as it would is broadly in line with what Asian buyers are already paying, five industry sources with direct knowledge of the purchases said on Wednesday.

The goal of the price cap is to deprive Russian President Vladimir Putin of revenue to fund the military offensive in Ukraine without causing major disruption…



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