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The United States, other G7 countries and the European Union announced a price cap of USD 60 a barrel on Russian oil in late 2022 in response to Moscow s invasion of Ukraine in February of that year. ....
The United States, other G7 countries and the European Union announced a price cap of USD 60 a barrel on Russian oil in late 2022 in response to Moscow s invasion of Ukraine in February of that year. In October 2022, the US Treasury began imposing sanctions on tankers it suspected of carrying oil above the price cap, and has since designated about two dozen tankers. ....
The government will repossess idle land owned by parastatals and lease it to private investors for commercial agriculture to rev up the production of food. ....