IEA Director: Price Cap On Russian Oil Should Extend To Fuels
The G7 idea to place a price cap on Russian oil should include a cap on the prices of gasoline and diesel, too, Fatih Birol, Executive Director of the International Energy Agency (IEA), told Reuters in an interview published on Tuesday. “My hope is that the proposal, which is important to minimise the effect on the economies around the world, gets buy-in from several countries,” Birol told Reuters on the sidelines of an energy forum in Australia. “And if it is pursued, it is not only focused on crude oil, as refined products are…