Russia says oil price caps damaging world economy: report
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Price caps on Russian oil imposed by the G7 and EU are damaging the world economy, with recently higher prices reflecting market reality, Russian Energy Minister Nikolai Shulginov said in an interview published Sept. 11 by RIA Novosti. In the interview during an economic forum in the Russian Far East, Shulginov said current prices were sufficient to enable re-investment in… Price caps on Russian oil imposed by the G7 and EU are damaging the world economy, with recently higher prices reflecting market reality, Russian Energy Minister Nikolai Shulginov said in an interview published Sept. 11 by RIA Novosti. In the interview during an economic forum in the Russian Far East, Shulginov said current prices were sufficient to enable re-investment in… Read More