Russia says oil price cap will not affect Ukraine offensive

Russia has said that the G7-EU oil price cap will not impact its Ukraine offensive, as scepticism mounts about the policy's effectiveness. Russian oil exports have entered uncertain waters, with a price cap of no more than US$60 per barrel starting from Dec 5. This measure, imposed by the G7, the EU and Australia, aims to cut Moscow's profits from fossil fuel production. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service on Telegram: https://cna.asia/telegram Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook:   / channelnewsasia   Instagram:   / channelnewsasia   Twitter:   / channelnewsasia   TikTok:   / channelnewsasia