The European Union on Friday agreed an 18th package of sanctions against Russia over its war…
Tag: Cap
European Commission to Propose Floating Russian Oil Price Cap
The European Commission is expected to propose a floating Russian oil price cap this week as…
Most G-7 Members Ready to Lower Russian Oil Price Cap Without US
G-7 country leaders are due to meet on June 15-17 in Canada where they will discuss…
EU Proposes Nord Stream Ban, Lower Oil Cap to Hit Russia
The European Union proposed a ban on the Nord Stream gas pipelines and the reduction of…
US ‘Not Convinced’ About Lower G7 Price Cap on Russian Oil, European Official Says
A European official said on Thursday that the United States is “not convinced” about lowering the…
EU Will Propose to G7 Nations a Reduction in Sanctions Price Cap for Russian Oil
The EU will propose to G7 finance ministers this week to lower the current $60 per…