Categories: News

Germany’s Scholz: oil price cap would need buy-in beyond G7 to work

The Group of Seven leading economies is discussing a possible oil price cap but such an initiative would need partners beyond the G7 to work, German Chancellor Olaf Scholz said on Thursday.

Scholz also told journalists that his government respected, and would defend, the independence of the European Central Bank.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Agency Desk

Recent Posts

Federal Student Loan Changes 2025: New Borrowing Limits Affect Graduate Students

A new federal law ends unlimited Grad PLUS loans for graduate students. Borrowing caps of…

1 day ago

SSA Adds 13 New Conditions to Fast-Track Social Security Disability Benefits

The Social Security Administration added 13 new serious medical conditions to its Compassionate Allowances List.…

1 day ago

California Climate Credit 2025: Families Can Save Over $500 Automatically on Utility Bills

California’s Climate Credit gives households an automatic discount on utility bills. Most families in California…

2 days ago

Trump’s New Baby Stimulus: $1,000 At Birth Can Grow Up To $93,000 By Retirement

President Trump’s new law gives $1,000 to every baby born in the U.S. between 2025-2028.…

2 days ago

New York Summer EBT Funds Running Out: Spend Before October 17, 2025

Millions of families in New York must spend their Summer EBT benefits before October 17,…

3 days ago

Veterans Affairs and Government Shutdown: Full List of Services Open and Closed for Veterans

The government shutdown has forced furloughs at the VA, but essential services like medical care,…

3 days ago