Russian block on oil sales subject to price cap to start working this year - Ifax
- Country:
- Russian Federation
Russia's mechanism to ban sales of oil that are subject to a price cap imposed by Western countries should begin working before the end of the year, the Interfax news agency quoted Deputy Prime Minister Alexander Novak as saying on Tuesday.
Novak expects a slight output decline following new sanctions.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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