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Russia rejects $60-a-barrel cap on its oil, warns of cutoffs

Russian authorities have rejected a price cap on the country’s oil set by Ukraine’s Western supporters and are threatening to stop supplying the nations that endorsed it

Russian authorities have rejected a price cap on the country’s oil set by Ukraine’s Western supporters and are threatening to stop supplying the nations that endorsed it. Australia, Britain, Canada, Japan, the United States and the 27-nation European Union agreed Friday to cap what they would pay for Russian oil at $60-per-barrel. The limit is set to take effect Monday, along with an EU embargo on Russian oil shipped by sea. Kremlin spokesman Dmitry Peskov said Saturday that Russia needs to analyze the situation before deciding on a specific response but that it would not accept the price ceiling. Russia’s permanent representative in Vienna warned, "From this year, Europe will live without Russian oil.” Read moreRussia rejects $60-a-barrel cap on its oil, warns of cutoffs

Adam Scott is the one player everyone assumed would be a perfect fit for LIV Golf. But he's still on the PGA Tour. And he might be the only one capable of making sense without making enemies. Scott's comments last week at the Australian Open are worth noting. He has listened to Rory McIlroy and Tiger Woods say LIV leader Greg Norman must go before anything is solved. Scott doesn't understand why golf has to come together. He believes the PGA Tour should run its course and LIV Golf should do its thing. Lawsuits and countersuits make that difficult. Read moreColumn: Adam Scott makes sense without making enemies

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