Japan’s Hayashi announces plan to lower price cap on Russian oil – info via Reuters.
Japan’s Chief Cabinet Secretary Hayashi says the plan will come into effect Friday.
Awaiting a little more detail on this.
More:
Japan cuts Russian oil price capDown to US$47.6/barrel, from $60. The EU did similar back in July. Part of additional sanctions package, will also impose additional asset freeze and export control sanctions on entities in Russia and other countries
This article was written by Eamonn Sheridan at investinglive.com.