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Literally yesterday, the issue of capping the price of Russian oil was being discussed, lowering the cap from 60 to 45... The G7 meeting is supposed to start on Sunday or Monday, where they were expected to agree on this new price cap of 45 dollars, and then the European Union was supposed to support it by the end of June. But today, the oil price has already gone up — it's already 75 dollars per barrel, instead of 60-something — and now, it seems to me, they won’t dare to lower it to 45.
#Oil #Economy of Russia #Economy #Russia