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Russian President Putin has banned oil exports to countries that have set a price cap on Russian oil…
Condemning Russia’s invasion of Ukraine, the G7, EU countries and Australia set a price of Russian crude oil at $60 per barrel. Russia had strongly protested against this… In this case, the export of oil to countries that set a price limit for Russian oil has been banned… Russian President Putin signed a decree banning oil exports for 5 months from February 1.