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EU wants to reduce price cap for Russian oil
The European Union will propose this week to finance ministers from the group of highly industrialized countries (G7) to reduce the current price cap of $60/barrel, which applies to Russian oil delivered by sea, as part of a new package of sanctions against Moscow, European Commissioner for Economy, Valdis Dombrovskis, said yesterday, Reuters reports, according to Agerpres.
The European Union will propose this week to finance ministers from the group of highly industrialized countries (G7) to reduce the current price cap of $60/barrel, which applies to Russian oil delivered by sea, as part of a new package of sanctions against Moscow, European Commissioner for Economy, Valdis Dombrovskis, said yesterday, Reuters reports, according to Agerpres.
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