The Group of Seven is considering collectively tightening an oil price cap on Russian petroleum in an effort to cut Moscow’s oil revenues as the war in Ukraine rages on, Bloomberg has revealed.

The Group of Seven is considering collectively tightening or adapting an oil price cap on Russian petroleum in an effort to reduce Moscow’s revenues as the war in Ukraine continues. A draft ...

Russian exporters may be forced to leave up to 30% of their foreign currency earnings abroad due to the tightening of US sanctions on Russia's banking sector. Source: RBC (Russian Business ...

The G7 is drafting a statement proposing to tighten the oil price cap on Russia to pressure it to negotiate a peace agreement in Ukraine. The proposed changes aim to disrupt Russian oil exports to ...

The introduction of a price cap on Russian oil by the Group of Seven is ... the increase in defense spending by cutting funding for overseas aid from 0.5% of GDP to 0.3% by 2027 ...

U.S. gas prices have been up and down throughout the year and now more uncertainty is on the horizon as a European Union embargo on Russian oil imports kicks in along with a price cap on crude out ...

The US-led price cap on Russian oil is being largely ignored, according to Western officials and Russian export data. "Almost none" of the shipments of seaborne crude oil in October stayed below ...

From 1741 until Alaska was sold to the United States in 1867, the Russian empire claimed territory and peoples in North America. In this book, Ilya Vinkovetsky examines how Russia governed its only ...

Polling stations have been set up in 144 countries for Russian citizens residing overseas to cast their vote in the 2018 presidential election MOSCOW, March 19. /TASS/. Overseas voter turnout in ...