Bloomberg reports that G7 talks about slashing the cap on Russian oil prices and banning it completely  

AI

**G7 Considers Slashing Russian Oil Price Cap**

The are thinking about reducing the price limit Russian oil. This news was reported by Bloomberg on December 19.

Russia’s oil industry is still a major source of money for its war against . The G7 wants to stop Russia from getting too much money, but they also want to avoid hurting the global oil market and making it hard for ships to move around.

The current price cap is $60 per barrel. Some people think it should be lowered to $40 or even stopped completely. But there’s no agreement yet on what to do.

Russia’s oil industry is already having problems because of sanctions and Ukrainian attacks. This has made it harder for Russia to sell fuel and make money.

**Ukraine Hits **

On December 19, Ukraine’s Special Operations Forces said they had killed 12 North Korean soldiers and hurt 20 others while fighting in Russia’s Oblast.

**Zelensky Speaks Out Against Russian Attacks**

Ukrainian said that Ukraine will not let Russia use its resources to make money. He also said that Ukraine needs help from other countries to stop the war and have lasting peace.

**Belarus Sentences People for Terror Acts**

On December 19, Belarus sentenced two people from Belarus and one person from Ukraine to prison terms ranging from 11 to 25 years for preparing terrorist acts.

These are just some of the news stories from around the . There’s a lot happening in this , and it’s hard to keep track of everything.

Share This Article
Leave a Comment