The G7 group and its allies have officially approved a cap on the price of Russian oil. Eko Hot Blog reports that in a joint statement, the G7 and Australia said the price cap would come into force on 5 December or “very soon thereafter”. EDITOR’S PICKS Biden Calls Putin’s Actions In Ukraine “Sick” US … Read more
China imports of Russian oil rose by 55% from a year earlier to a record level in May, displacing Saudi Arabia… It has ramped up purchases of Russian oil despite demand dampened by Covid curbs and a slowing economy EDITOR’S PICK: 2023: Things To Know As APC Presidential Primary Begins Today (FULL UPDATE) Adamu Behind … Read more
Iran’s Revolutionary Guards seized the Greek tankers in the Gulf Friday, days after Athens confirmed it would deliver to Washington Iranian oil… It had said it seized the tankers due to violation EDITOR’S PICK After Emerging PDP Presidential Flagbearer, Atiku Meets With Wike, Others PDP Seeks Running Mate For Atiku, Considers Wike, Okowa, Udom –Reports … Read more