Live: G7 price cap on Russian oil comes into force

The price cap on Russian oil agreed by the EU, G7 and Australia comes into force on Monday, aiming to restrict Russia’s revenue while making sure Moscow keeps supplying the global market. The cap is due to take effect alongside an EU embargo on maritime deliveries of Russian crude oil, which comes several months after an embargo imposed by the United States and Canada. Follow our liveblog for the latest updates on the war in Ukraine. All times are Paris time (GMT+1).

https://www.france24.com/en/europe/20221205-live-g7-price-cap-on-russian-oil-comes-into-force