The G7 group and its allies have officially approved a cap on the price of Russian oil. In a joint statement, the G7 and Australia said the price cap would come into force on 5 December or "very soon thereafter". The plan, which stops countries paying more than $60 (€57; £48) a barrel, needed the agreement of all EU states. It comes after the EU agreed on the price cap after persuading Poland to back it. The price cap was put forward by the G7 group of nations in September and aims to stop Moscow profiting from oil exports while avoiding a price spike. Please subscribe HERE 🤍bit.ly/1rbfUog #Russia #G7 #BBCNews
Yeah Yeah, we have seen that video from Ukraine where dead people are cover in white blankets, then suddenly 1 dead body corrects its blanket.🤣🤣🤣🤣🤣
G7 and EU pushing the world towards WW3. They should let Russia take Ukraine like how they let Isreal inside Palestine. 😏😏😏
IT WILL BACKFIRE SO HARD 😂😆🤣
The main victim of this price cap would be Developing Countries who don't have well established Insurance Companies and are heavily dependent on Western Insurance Companies.
Otherwise it's a common sense that Law of Supply & Demand can't be violated artificially.
Don't believe media lies
The US had Boris go rally against peace talks. Why? We made a deal that the Ukraine would never be a NATO country, yet theUS continues to poke the bear in order to sell it’s own oil and natural gas. Looks like Putin has everyone……..over a barrel. 😮
Dirty European countries, Russia will not give you oil at any cost,even you cry in front of Russia. Russia oil will be taking by Russia allies like China ,India, Indonesia, and others 😀😀🇮🇳🇨🇳🇧🇷🇦🇪🇮🇶🇸🇦🇰🇵🇲🇨🇿🇦🇵🇰🇻🇪🇲🇴🇮🇷
Meanwhile Russia already selling oil at 79 dls per barrel to Asia, BRICS already setting up insurance companies, LOL.. again EU sanctions are a big blunder, the classic Brussels headless chicken dance.
Pathetic cowards! Why is the G7 still supporting Russia and buying their oil at all?!
Does the UN only “partially support” a terrorist state, does it support murder, rape, torture, looting, and war crimes in Ukraine. Partially?
Paying for the power bill at Hitler’s concentration camps still makes you a NAZI and a war criminal.
The evidence of price caps not working to limit inflation is enormous.
If the government cant effectively cap the price of cheese in a local supermarket the actual f yall expect them to achieve against a sovereign nuclear states main export lol?
It seems the capitalist countries forgot how capitalism works.
youtube.com/results?search_query=%23demolishpoliceuk #DemolishPoliceUK
They are useless, and a drain on the British tax payer …
😂🤣😂 the ball on these people thinking they can just go to a shop and say am not paying what you asking but I will give you….. get the fuck out of here ya bunch of clowns
Europeans have no problem with Russia, Russia's problem is with America, so in the middle, why is Europe wasting its money in favor of America and opposing Russia, where America is the most profitable, but is secretly taking all the benefits of Russia, and European leaders stop buying Russian oil and gas. America is buying oil and gas at high prices, whereas America should be giving Europe oil and gas at cheap prices, because Europe is unnecessarily opposing Russia for America's interests, and in the winter, its own people are in trouble. Not to be threatened, but if friends with Putin are easy, the whole of Europe will benefit more, 100% sure.
Oil coming through pipelines in Europe doesn't fund Russia but oil coming through ship funds Russia for war
The world is with Russia and Putin now.
Time for the obiden-soros kiev coup clown Zelenskyy to do the right thing and resign.
He's held Ukraine hostage for long enough...,.,
Why doesn't it mention the fact that it's selling to China and India at a discounted rate and is losing money as they can't store it anywhere. It's a good move but too late and should be less than 60 a barrel to make a proper statement. Too soft
How about a price cap on our over priced gas?
very good move nice nice