G7 agrees on a Russian oil price cap at US$60 per barrel, but Russia says it won’t accept it
The US has already banned Russian oil, and the UK plans be rid of it by the end of the year.
oil
Why are Wall Street execs headed to Saudi Arabia this week?
After Crown Prince Mohammed bin Salman (MBS) announced his plan to open the country to foreign investors and become a supply chain hub, Wall Street is looking to Saudi Arabia more often for investment opportunities – despite US-Saudi political tensions, which increased recently after OPEC+’s decision to cut oil production.
Iran turns off 2 surveillance cameras at a nuclear site
Recently, Iran has been in talks to revamp the Iran Nuclear Deal, which would mean that the country is required to slow down or halt its nuclear enrichment program. In exchange, the international sanctions against its economy will be eased.
But on Wednesday, the country announced on state media that