World

G7 countries may limit oil prices

The "Big Seven" (G7) countries are very close to a decision to set the price of Russian oil transported by the sea at $60 per barrel, with a mechanism to keep the limit 5% below the market price. This was reported by Reuters, referring to a high-ranking participant in the negotiations of the G7 member states. The transaction should be completed in the coming days, on Monday at the latest. The official expressed confidence that the price limit will limit Russia's ability to use aggression against Ukraine.