G7 price cap coalition official
- Says we are 'very very close' to agreement on $60-a- barrel price cap on Russian oil exports
- Says expected agreement calls for maintaining price cap at 5% below market price for Russian crude
- Says there is some discretion, flexibility in determining market price for Russian crude for price cap
This agreement is plodding along towards agreement. It's been a long road! The latest I had was that Poland was a hold-out.
Stay tuned I guess.
