G7 To Set Oil Price Cap

The G7 is finally looking like they agree on a price cap for Russian oil. Putin has already said he will not sell to any country that tries to enforce the price cap. Now if Russia decides to cut production and reduce the number of barrels they put on the market following what Saudi Arabia did we could be looking at $300 a barrel or more. You should not poke a bear if you need things from said bear. Things could get really bad really fast. Stay Safe.

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