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View all search resultsThe agreement halted an extraordinary crisis -- a private army led by Putin's former close ally Yevgeny Prigozhin trying to storm Moscow -- but analysts said Wagner's revolt had exposed Putin's rule as more fragile than previously thought.
The measure will take effect on Dec. 5 for crude oil and Feb. 5 for petroleum products, Japanese Finance Minister Shunichi Suzuki told reporters after the virtual meeting that also involved Britain, Canada, France, Germany, Italy and the United States, plus the European Union.
"In 2022, we hold the presidency of the G20, an international forum made up of the world's largest economies. Next year, we will assume the chairmanship of ASEAN," he said in an annual state of the nation speech a day before Indonesia celebrates 77 years of independence.
By jointly lashing out Friday at Washington's alleged destabilising policies in both Eastern Europe and the Asia-Pacific region, Beijing and Moscow indicated that sanctions alone would not deter their bids to play larger roles on the global stage.
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