russian oil price cap

The tanker Sun Arrows loads its cargo of liquefied natural gas from the Sakhalin-2 project in the port of Prigorodnoye, Russia on October 29, 2021. | Photo Credit: AP The story so far: Japan has been purchasing oil from Russia at a price…

Representational image of a Russian oil tanker | Photo Credit: Reuters The Group of Seven (G7) countries, the European Union and Australia have imposed a price cap on Russian sea-borne oil to make it harder for Russia to fund its war…