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Tuesday, December 24, 2024

Russia is offering to discount its oil by as much as 30% for Asian buyers as the G7 pushes its price cap

Russia is in talks with several Asian nations for potential long-term oil contracts with steep discounts, a Western official told Bloomberg Wednesday. According to the report, the discounts could be as much as 30%, and may signify that Moscow is looking to counter ongoing discussions by the US and …

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