Kremlin: Russia considering options to respond to oil price caps -RIA


Reuters | Moscow | Updated: 07-12-2022 12:50 IST | Created: 07-12-2022 12:46 IST
Kremlin: Russia considering options to respond to oil price caps -RIA
Kremlin spokesman Dmitry Peskov (File Image) Image Credit: ANI
  • Country:
  • Russian Federation

Russia has been assessing different options regarding how to respond to caps on its oil price, RIA news agency reported on Wednesday citing Kremlin spokesman Dmitry Peskov.

A $60-per-barrel price cap set by the G7 nations, the European Union and Australia came into force on Monday as they try to limit Russia's ability to finance its military operation in Ukraine.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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