Russia rejects $60 a barrel cap on its oil, warns against cuts

Russia rejects $60 a barrel cap on its oil, warns against cuts

KYIV, Ukraine — (AP) — Russian authorities rejected the country’s oil price cap set by Ukraine’s Western supporters and threatened on Saturday to cut off supplies to countries that had approved it. Australia, Britain, Canada, Japan, the United States and the European Union of 27 agreed on Friday to cap what they would pay for …

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