An oil tanker loaded with Russian crude has been idling off the coast of Ghana for more than two weeks after arriving.
Norway has introduced a price cap of USD 60 per barrel for crude oil originating in or exported from Russia, and has incorporated this into the sanctions legislation. This corresponds to the price cap adopted by the EU and the G7 countries. The oil price cap is intended to reduce Russia’s revenues from the sale of crude oil to third countries.
Russia is going to keep creating uncertainty over shipments of oil, gas and agricultural commodities onto world markets