![]() The cap is also designed to maintain the flow of oil on the market. The "Price Cap Coalition" of countries announced plans in September to limit the price of Russian oil to deny Russian President Vladimir Putin a funding source for his ongoing invasion of Ukraine. "Today's announcement is the culmination of months of effort by our coalition, and I commend the hard work of our partners in achieving this outcome," Yellen said in a statement. Treasury Secretary Janet Yellen applauded the joint decision by the European Union, Australia and G-7 countries to cap the price of Russian seaborne oil at $60. President Joe Biden said he would be prepared to meet Putin if he was looking for a way to end the war. Kremlin spokesperson Dmitry Peskov reportedly said Russian President Vladimir Putin remains open to talks over a possible settlement deal. Separately, almost 40 shells were said to have been fired in Ukraine's eastern Dnipro region overnight. Ukraine's regional heads said in an update that Russian forces launched a missile attack on an infrastructure facility in the southeastern city of Zaporizhzhia. ![]() It is thought to be the first estimated death toll of Ukrainian armed forces by a top official since Ukraine's military chief said in late August that close to 9,000 soldiers had died. Meanwhile, between 10,000 and 13,000 Ukrainian soldiers have been killed in the war with Russia so far, according to a reported estimate from Ukrainian presidential aide Mykhailo Podolyak. ![]() Personal Loans for 670 Credit Score or LowerĮuropean Union officials set a $60 per barrel cap on the price of Russian oil Friday, in their latest effort to try to choke off funding sources for Moscow's war in Ukraine. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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