G7 imposes US$60 price cap on Russian oil as Moscow wages war on Ukraine – National

The Group of Seven price cap on Russian oil by sea came into effect Monday as the West tries to limit Moscow’s ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even not if it is to reduce production. The price cap, to be enforced by … Read more

Russia-Ukraine war: G7 Russian oil price cap begins

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German leader calls for equal trade ties at controversial China summit

German Chancellor Olaf Scholz told Chinese leaders in Beijing on Friday that Berlin expects equal treatment on trade as he tried to build greater economic cooperation despite growing distrust of the Asian superpower in the West. Scholz held talks with human rights lawyers who were critical of the Beijing regime prior to the trip, a … Read more

G7 price cap on Russian oil will only apply to crude, official says – National

The price cap on Russian oil exports imposed by the G7 countries and Australia next month will only apply to sea shipments via the first land sale and will exclude shipping and trade costs, a coalition official said Friday. Details of the price cap are being finalized as a December 5 deadline for the scheme’s … Read more

G7 urges aid for Ukraine, caution against China at German meeting

G7 foreign ministers on Friday vowed to continue to support Ukraine in its fight against Russia and urged caution towards China after two days of talks in Germany. The Group of Seven club of rich countries has agreed on a new structure to channel aid into Ukraine to help rebuild Russia’s targeted infrastructure, foreign ministers … Read more

Russia says thousands are being removed from Kherson every day

Moscow on Friday continued with a withdrawal of civilians from the Russian-occupied Kherson region amid an increasing Ukrainian counter-offensive, with President Vladimir Putin saying residents should be “removed” from danger zones. The Russian army said “more than 5,000 civilians” were led across the Dnipro River every day, showing images of soldiers sending rows of cars … Read more

G7 coordinates aid for rebuilding Ukrainian energy sector

In recent weeks, Russia has launched waves of missiles and drone strikes targeting Ukraine’s energy infrastructure. Kiev says they have damaged up to 40 percent of the electricity system and Ukrainian authorities warned residents could be out for hours due to limited supplies. Aid that will enable Kiev to defend and respond to Russian attacks … Read more

Putin tries to distract from war failures – UK FM

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Putin tries to distract from war failures – UK FM

A note about relevant ads: We collect information about the content (including advertisements) that you use on this site and use it to make both advertisements and content more relevant for you on our network and other sites. Read more about our policy and your choices, including how you can unsubscribe. Sometimes our articles try … Read more