G7 leaders have been studying a cap on the price of Russian oil since this spring as a way of driving down Moscow’s fossil fuel revenues without causing a surge in global oil markets.
On Friday, finance ministers from Canada, France, Germany, Italy, Japan, the UK and the US gave the go-ahead for such a scheme, declaring that it would “build on and amplify the reach of existing sanctions”.
Officials stress that much work still remains to be done before the price cap can be enacted, however, with key questions outstanding, including the level of the ceiling.
您已阅读8%（561字），剩余92%（6134字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。