Editor
The G7 agreed to impose a Russian oil price cap on Friday to slash funding for Putin’s war in Ukraine, while keeping crude flowing to avoid price spikes.
However, there are concerns among some officials that the cap could be scuppered without the participation of major importers such as China and India, which have sharply increased their purchases of Russian crude since Vladimir Putin invaded.
And in a threat to the G7 nations, the Kremlin warned earlier on Friday that it would stop selling…
