Russia Enacts Oil Sale Ban on Price Cap-Compliant Countries

INSUBCONTINENT EXCLUSIVE:
took effect Wednesday.President Vladimir Putin imposed the Feb
1-July 1 ban in retaliation to a $60-per-barrel price ceiling set by G7 countries, the European Union and Australia on Russian crude sales
take effect as Western oil tankers were reported to have increased shipments of Russian crude below the $60 per barrel price cap in
than 9.5 million tons, according to Reuters.