Putin strikes again with oil ban for any international purchaser that indicators G7 worth cap. But it surely might have been even worse.

The Kremlin banned exports of Russian crude oil and refined products to foreign buyers that adhere to a price cap, but Moscow held back from the most drastic retaliatory measures that could have further disrupted global oil supplies.  The restriction on Russian crude exports will begin on Feb. 1 and last until at least July

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