According to Reuters, the G7 countries plan to introduce a price cap for Russian oil by December. The Russian oil price cap mechanism is set to be introduced at the same time as the EU’s partial embargo, which comes into effect on December 5. The G7 (UK, Germany, Italy, Canada, France, Japan and the US) […]
Tag: cap
Russian oil price cap won’t solve energy crisis — RT EN
A price limit for Russian oil, as proposed by Washington, will only exacerbate the global energy crisis. This was pointed out by Indonesia’s finance minister. Moscow could simply refuse to sell its oil at the prescribed price, leading to a reduction in supply. The US proposed cap on the price of Russian oil could further […]
Shell skeptical about oil price cap from Russia — RT EN
The CEO of the energy group Shell, Ben van Beurden, is very skeptical about the plans of the G7 regarding a price cap for oil from Russia. The move could exacerbate the current energy crisis, van Beurden said. The world is heading for a “turbulent time”. Ben van Beurden, CEO of the energy group Shell, […]
Ukrainian FA threatens record cap Tymoshchuk — RT EN
10 mar 2022 5:29 p.m Because he has not yet condemned the Russian attack on Ukraine, the Ukrainian Football Association is threatening to revoke his coaching license and honors from former Bundesliga player and Ukrainian international record player Anatoly Tymoshchuk. The former FC Bayern Munich player and Ukrainian national team player Anatoly Timoschtschuk is under […]
UK authority raises energy price cap by 54 percent — RT EN
4 Feb 2022 7:19 am The authority justified the step with the drastic price increases for energy suppliers. At the same time, the British finance minister announced a package to cushion rising energy costs for the vast majority of households. The UK Office for Gas and Electricity Markets (Ofgem) has announced it will raise the […]