The $60 (€56.9) price cap on Russian oil per barrel, also adopted by G7 countries and Australia, is seen as a key step as Western sanctions aim to starve President Vladimir Putin of funding for his war in Ukraine.
The $60 (€56.9) price cap on Russian oil per barrel, also adopted by G7 countries and Australia, is seen as a key step as Western sanctions aim to starve President Vladimir Putin of funding for his war in Ukraine.
Retired Sir Vice-Marshal Sean Bell takes a closer look at the West's cap on Russian oil and the impact of winter on..
European Union officials set Russian oil price cap at $60 a barrel
The European Union, Group of Seven(G7) Nations and Australia have agreed to put a price cap of $60 per barrel on Russian seaborne..