G7 finance chiefs to discuss a Russian oil price cap on Friday - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The price cap would rely heavily on denying London-brokered shipping insurance and finance for oil cargoes priced above an undetermined level.The price cap would rely heavily on denying London-brokered shipping insurance and finance for oil cargoes priced above an undetermined level.

Western leaders have proposed addressing that through an oil price cap to limit how much refiners and traders can pay for Russian crude – a move Moscow says it will not abide by and can thwart by shipping oil to states not obeying the price ceiling. The price cap would rely heavily on denying London-brokered shipping insurance and finance for oil cargoes priced above an undetermined level.

Fox news got that covered jus update us on Phalaphala saga

They can also discuss not getting any Russian oil, lots of willing buyers

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Huge Group to buy into Interfile GroupInvestment holding company Huge Group plans to make a “significant” investment in Interfile Group, a specialist software company.
Source: TechCentral - 🏆 8. / 71 Read more »

Huge Group to buy stake in InterfileHuge Group has announced it plans to make a significant investment in the Interfile Group, comprising Internet Filing and Ionize Technologies.
Source: mybroadband - 🏆 11. / 67 Read more »