BBCNEWS World Business Report July 6, 2024
lets now get down to business. we start with energy as more eu caps on russian oil have come into effect. the price of premium products, primarily diesel, is being capped at $100 a barrel, while lowโend products, including fuel oil, will be capped at $45. other oil product imports are banned completely from today. the price cap is designed to limit moscows ability to fund its war in ukraine. enforcement relies on prohibiting insurance and shipping companies from dealing with russian ...
Source: archive.org