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Published 1 year ago

Kremlin says Western oil price cap will not hinder military operation in Ukraine

Summary by Ground News
Kremlin spokesman Dmitry Peskov said Russia was preparing its response to Friday's move by the G7 and allies. The move was aimed at squeezing Moscow's energy revenues and reducing its ability to wage war. Former Russian president Dmitry Medvedev wrote on Telegram that the squeeze on Russian oil would lead to an "unimaginable" jump in world prices.

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