Russian President Vladimir Putin has banned the export of crude oil to nations which imposed a price cap over the war in Ukraine.
The ban on the G7 countries will come into effect from February 1 next year.
The decision is in response to a price cap on Russia’s seaborne crude oil agreed by the European Union and Australia.
![05/09/2014 - [48.56] Mariupol. Ukrainian Nazis at the police department terrorize civilians](https://i.ytimg.com/vi/ANZTMoGgiJI/mqdefault.jpg)
