BY A STAFF REPORTER: Russian President Vladimir Putin on Wednesday announced that Moscow would not sell oil at a lower price cap after the Group of Seven (G7) pledged to put a cap on the price of Russian oil sold across the world. Speaking at the Russian Energy Week 2022 event at the Russia state-affiliated media - RT, Putin said, "I have to say that Russia will not act against our own benefit, we will not act to decrease our standing by providing oil or gas at lower prices. No, we will not succumb to this. We will not play by the rules others set and will not act to our detriment." Western countries are stepping up efforts to strip Russia of its largest source of income 'oil'.
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