G7 countries decide to impose price cap on Russian oil, says Sky News.
The measure against Russia also includes a plan to prohibit the transport of Russian oil by sea if it is sold above the price set by the West.
Sputnik Brazil - Ministers from the G7 countries have agreed to introduce a maximum purchase price for Russian oil, according to British broadcaster Sky News.
The measure against Russia also includes a plan to prohibit the transport of Russian oil by sea if it is sold above the price set by the West.
It is not yet known what the established ceiling would be.