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US eyes Russia oil price cap above $60
Other countries
- 22 October, 2022
- 05:03
US officials may aim to set a price cap for Russian oil exports above $60 a barrel, a higher level than earlier signaled, Report informs, citing Bloomberg.
That’s based on speeches and references to historical pricing data that officials have said they will use as a partial guide.
Earlier discussions on the plan focused on a ceiling in the $40 to $60 range.
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