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Russia Bans Oil Exports to Countries That Abide by Price Cap. The Ban Applies to ... - Latest Tweet by The Kyiv Independent
The latest Tweet by The Kyiv Independent states, '⚡️Russia bans oil exports to countries that abide by price cap. The ban applies to oil supplied under contracts that "directly or indirectly" stipulate the price cap. It is not clear if it will apply to oil priced below $60 per barrel under contracts that don't mention the cap.'
⚡️Russia bans oil exports to countries that abide by price cap.
The ban applies to oil supplied under contracts that "directly or indirectly" stipulate the price cap. It is not clear if it will apply to oil priced below $60 per barrel under contracts that don't mention the cap.— The Kyiv Independent (@KyivIndependent) December 27, 2022
(The above story first appeared on LatestLY on Dec 28, 2022 12:56 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).