‘THIS IS NOT COLD’: ABC News’ Britt Clennett visits Ukrainians who are trying to rebuild their homes, damaged by Russian bombing, amid power outages and cold weather.
More than 100 rockets were fired in several waves, Oleksiy Arestovych, an advisor to Ukrainian President Volodymyr Zelenskyy, said on
"There is no 'peace plan' for Ukraine for now, that's for starters," Kremlin spokesman Dmitry Peskov told reporters Wenderday."Besides, there can be no 'peace plan' for Ukraine, which disregards today's realities on Russian territory, the entry of new regions, four of them, into Russia." The Group of Seven countries, including the United States, agreed on Dec. 3 to impose a $60 per barrel price cap on Russian oil in response to the Kremlin's invasion of Ukraine. Australia and the European Union also agreed to impose the price cap.The decree bans the supply of oil and oil products from Russia to those countries that place a price ceiling on contracts. The decree also forbids the supply of oil to other foreign buyers whose contracts use a price cap mechanism.
Since the outset of its war with Ukraine, Russia has sold its oil at discounted prices. As of Tuesday, Russian Urals crude was trading at $57 per barrel -- an amount slightly less than the cap. But the price cap aims to ensure that Russian oil sales remain well below global oil prices, which stand at about $80 per barrel.
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