The Russian oil price cap of $60 made both Ukraine and Russia furious. The Council of the EU has decided to set the maximum price for crude oil, oil products, and oil obtained from bituminous minerals originating in or exported from Russia at $60 per barrel starting Dece... #RussianOilPriceLimit #RussianOilSanctions #Zelenskyy
Prices for Russian oil fall below the proposed price caps. According to Bloomberg, prices for Urals oil at the end of last week fell to $51.96 per barrel in the port of Primorsk on the Baltic Sea. The oil price in Novorossiysk in the Black Sea also fell to a ... #RussianOil #RussianOilPriceLimit
The US and its allies plan to agree on the Russian oil price cap. The United States, the European Union, and the G7 countries intend to reach a joint agreement on November 23 to set a maximum price for Russian oil, which could range from $60 to $70 per barrel. Curre... #anti_Russiansanctions #RussianOilPriceLimit
The EU is working on the ninth package of sanctions against Russia. Poland, Latvia, Lithuania, and Estonia, which favor tougher and faster EU sanctions against the Russian Federation, are pushing other member states and the European Commission to agree on the upper l... #RussianOfficialsSanction #RussianOilPriceLimit #SanctionsAgainstRussia
The G7 has prepared a three-stage cap on Russian oil prices. According to Assistant Secretary for Economic Policy Ben Harris, the price ceiling will first be introduced on crude oil, then on diesel fuel, and finally on cheaper petroleum products, such as naphth... #G7 #RussianOilEmbargo #RussianOilPriceLimit
The G7 leaders have agreed on limiting the price of Russian oil. The leaders of the Group of Seven, met recently at a summit in Bavaria, Germany, and reached a unanimous consensus on the need to limit the price of Russian oil. Still, this mechanism needs to be work... #G7 #G7summit2022 #RussianAgression #RussianOilPriceLimit #RussianOilSanctions
