Putin responds to ‘unfriendly’ move by G7, EU and Australia in wake of attack on Ukraine

President Vladimir Putin has delivered Russia’s long-awaited response to a western price cap, signing a decree that bans the supply of crude oil and oil products to nations that impose the cap.

The ban will come into effect on 1 February and last for five months, according to the decree published on Tuesday on a government portal and the Kremlin website.

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