Russia is weighing its options to counter a price cap on its crude oil imposed by the G7, according to reports. in response to Moscow's unprecedented invasion of Ukraine.
The cap, set at $60 a barrel on Monday, aims to limit President Vladimir Putin's ability to fund the war, while still keeping as much Russian oil flowing through global markets. It also denies insurance to tankers unless they trade Russian crude at or below the set level.
the G7 are dummies, they just said price cap as if russia was going to say oh wow a price cap guess we have to sell for 60$, if russia stops selling their oil all of europe will be trown into chaos and riots the likes of which the world has never seen
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