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Russian oil price cap set at US$44.10 in February

Thursday, 15 January 2026RSS
Russian oil price cap set at US$44.10 in February

From 1 February, the new maximum limit for the price of Russian crude oil is US$44.10 per barrel, the European Commission said in a press release issued this Thursday. The G7 Oil Price Cap Coalition (the seven largest economies in the world) established a mechanism to ...

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