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Newsday: 05/12/2022 05:06 GMT : Europe caps the price of Russian oil at $60 a barrel

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05/12/2022 05:06 GMT 

05/12/2022 05:06 GMT : Europe caps the price of Russian oil at $60 a barrel

Europe caps the price of Russian oil at $60 a barrel

BBC World Service - Newsday, Europe caps the price of Russian oil at $60 a barrel

The West is hoping to squeeze Moscow's ability to wage war in Ukraine

The measures have been greeted with disdain by the Kremlin, which says it will forbid Russian companies from selling oil under any cap

A European Union embargo on Russian oil exports by sea is coming into force. So too is a sixty-dollar-a-barrel cap on the price of Russian crude shipped elsewhere, which was agreed on Friday by the EU, the G-Seven group of wealthy nations, and Australia.

Construction of the world's largest telescope is getting underway today. The Square Kilometre Array will be split between sites in Australia and South Africa.

And in the football World Cup, England are through to the next round after a convincing three nil win over Senegal.

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05/12/2022 05:06 GMT : Europe caps the price of Russian oil at $60 a barrel

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