Russia says it won't accept oil price cap and is preparing response
The G7 price cap will allow non-EU countries to continue importing seaborne Russian crude, but it will prohibit shipping, insurance and re-insurance companies from handling cargo unless the oil is sold for less than $60 a barrel.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Russia says it won't accept oil price cap and is preparing response

### Response: The G7 price cap will allow non-EU countries to continue importing seaborne Russian crude, but it will prohibit shipping, insurance and re-insurance companies from handling cargo unless the oil is sold for less than $60 a barrel.