G7 countries decide to set a price limit for Russian crude oil. – Polimer News – Tamil News | Latest Tamil News | Tamil News Online

by time news

Hours after the G7 countries agreed to set a price ceiling for Russian crude oil, Russia announced it would shut down a gas pipeline to Germany.

The Nord Stream One gas pipeline, which runs from Russia through the Baltic Sea to Germany, was initially shut down for three days for maintenance reasons, but Russia has now announced that it will be closed indefinitely due to the oil spill.

Already, European countries are struggling to contain rising gas prices. As winter approaches, the situation threatens to worsen as Russia shuts down the gas pipeline.

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