G7 price cap on Russian oil kicks in

The G7 price cap on Russian seaborne oil came into force as the West tries to limit Moscow's ability to finance its war in Ukraine, though Russia has said it will not abide by the measure even if it has to cut production. #oilprice #energy #g7 #ukrainerussiawar #News #Reuters #newsfeed Subscribe: http://smarturl.it/reuterssubscribe Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: http://reuters.com/ Follow Reuters on Facebook:   / reuters   Follow Reuters on Twitter:   / reuters   Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en