Rising Crude Oil Prices: EU Bans Russian Seaborne Oil, Experts Share Their Thoughts On This

A price cap at $60 per barrel set by the G7 as well as an outright ban by the European Union on Russian seaborne oil - all this came into effect this week as the two blocs try to reduce the Kremlin's ability to continue financing the Ukraine war. To discuss this CNBC-TV18’s Manisha Gupta spoke to Sushant Gupta, Director at Wood Mackenzie; Paul Hickin, Director at S&P Global Platts; and RS Pandey, former petroleum secretary.

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[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.

[gourangaduari]

Kindly Ask the government to reduce petrol and diesel prices, because the crude price (below $77) has gone down significantly in international markets.