Washington has published guidance on the price cap, but its level remains unknown US companies will be allowed to buy seaborne Russian oil if they adhere to the price ceiling agreed by allied countries, the US Treasury’s Office of Foreign Assets Control (OFAC) said in preliminary guidance published on Friday.

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The warship set out for its maiden sea trials from Shanghai Jiangnan Shipyard on Wednesday The Chinese navy on Wednesday launched sea trials of its third and most advanced aircraft carrier, according to state media reports. The tests mark the final stage before the warship is put into service.