Russia delays pipeline reopening in blow to Europe, as G-7 agrees on Russian oil price cap. Read more at straitstimes.com.
ZAPORIZHZHIA, Ukraine - As United Nations inspectors sought to avert a nuclear disaster on Ukraine's frontline, the West and Russia wounded each other's economies, withSaturday while threatened with price caps on oil exports.
Finance ministers from the Group of Seven wealthy democracies - Britain, Canada, France, Germany, Italy, Japan and the US - said Friday a cap on the price of Russian oil was meant to"reduce… Russia's ability to fund its war of aggression whilst limiting the impact of Russia's war on global energy prices".
The UN inspection team, led by its chief Rafael Grossi, braved intense shelling to reach the Zaporizhzhia plant Thursday. Each side has accused the other of shelling near the facility, which is still operated by Ukrainian staff and supplies more than a fifth of Ukraine's electricity in peacetime.Russia has so far resisted international calls to pull troops out of the plant and demilitarise the area.
Several towns near the plant came under Russian shelling Thursday, Zaporizhzhia regional council mayor Mykola Lukashuk said.
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