China rejects West’s call for Russian oil price cap ...News

The G7 should rethink its position, the Chinese Foreign Ministry says Beijing opposes the decision made by the G7 nations to introduce a price cap on Russian oil, Chinese Foreign Ministry Spokesperson Mao Ning said on Monday.  “Oil is crucial for ensuring global energy security,” she told a briefing, adding: “we hope that the countries concerned... will make constructive efforts, and not the other way around.” The spokesperson urged the G7 states to instead “fortify dialogue and advance negotiations.” On Friday, the finance ministers of the G7 (the US, Canada, the UK, Germany, France, Italy, and Japan) agreed to i

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