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Japanese PM: G7 seeks to halve value of Russian oil.

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Japanese Prime Minister Fumio Kishida said that G7 leaders discussed ways to set a maximum price limit for Russian oil at a level twice lower than its current value during a summit in late June. The official added that the leaders plan to install a mechanism that will not allow Russia to sell it at a higher price than the limit set by G7.

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The Kyiv Independent news desk

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"The government looks forward to the smooth resolution of all pending issues between the two countries and will continue consultations with the Ukrainian side to this end," the South Korean Foreign Ministry said in a press release.

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