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G7 proposing a cap on the price paid for oil from Russia

EPISODE · Jun 29, 2022 · 5 MIN

G7 proposing a cap on the price paid for oil from Russia

from Breakfast Business with Joe Lynam

The G7 group of the world leading industrialised nations including the EU, have discussed imposing costs on Russia for its invasion of Ukraine. Alongside sanctions which have now been in place for five months, they are now proposing a cap on the price paid for oil. But this could have major unintended consequences for users and consumers. Joining Joe on the show this morning was James Bevan is a specialist consultant in the energy sector

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G7 proposing a cap on the price paid for oil from Russia

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