News

Russia's Urals crude breaches price cap for first time, creating headache for Western shipping interests - TradeWinds

TradeWinds · last updated

Russia’s Urals crude breaches price cap for first time, creating headache for Western shipping interests | TradeWinds

Russian Urals crude has breached the G7’s $60 oil price cap for the first time, posing difficulties for Western insurance and shipping interests linked to the trade.

Urals reached $60.32

G7 and European shipping services go on alert after oil price rises

Russian Urals crude has breached the G7’s $60 oil price cap for the first time, posing difficulties for Western insurance and shipping interests linked to the trade.

Urals reached $60.32