G7 Leaders Discuss Potential Price Cap on Russian Oil Exports
G7 leaders gathered at the Bavarian Alps on Sunday for a three-day summit to discuss pressing issues including the ongoing Russia-Ukraine war. The seven G7 countries are Canada, France, Germany, Italy, Japan, the UK, and the US.
Traders are closely eyeing any developments from the meeting with talks scheduled to resume today. G7 leaders are considering a cap on the price of Russian oil and pipeline gas exports in an effort to restrict Russia’s revenue...
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