This is the best tl;dr I could make, original reduced by 90%. (I'm a bot)

> Russia announced on Tuesday it would ban oil sales to countries that abide by a price cap imposed this month by the West, giving its long-awaited response to the most dramatic step taken so far to limit Moscow's ability to raise funds for the war in Ukraine.

> The Kremlin ban would halt crude oil sales to countries participating in the price cap from Feb. 1-July 1, 2023.

> Some analysts have said the cap will have little immediate impact on the oil revenues that Moscow is earning, as the price for Russian oil has already fallen close to it.

Extended Summary | FAQ | Feedback | Top keywords: Russia^#1 oil^#2 Russian^#3 Moscow^#4 price^#5