Western countries on Monday began imposing a $60-per-barrel price cap and ban on some types of Russian oil, part of new measures aimed at stepping up pressure against Moscow over its war on Ukraine.
The European Union, along with Australia, Britain, Canada, Japan and the United States agreed to the price cap on Friday. The move has prompted a rejection from Kremlin and also criticism from Ukrainian President Volodymyr Zelenskyy — whose government wants the cap to be half as high.
