Japan's Hayashi announces plan to lower price cap on Russian oil - info via Reuters.
Japan’s Chief Cabinet Secretary Hayashi says the plan will come into effect Friday.
Awaiting a little more detail on this.
More:
- Japan cuts Russian oil price cap
- Down to US$47.6/barrel, from $60. The EU did similar back in July.
- Part of additional sanctions package, will also impose additional asset freeze and export control sanctions on entities in Russia and other countries
