The Group of Seven (G7) nations' proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow's revenues.
source https://www.ndtv.com/business/g7s-oil-price-cap-sanctions-to-have-little-impact-on-russian-revenue-immediately-3548108
source https://www.ndtv.com/business/g7s-oil-price-cap-sanctions-to-have-little-impact-on-russian-revenue-immediately-3548108
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