EU Tentatively Agrees on $60 Per Barrel for Russian Oil Price Cap
The EU has tentatively agreed on setting the price cap on Russian oil at $60 per barrel, Reuters reported on Thursday. The plan would also include an adjustment mechanism to keep the price cap 5% below the market value. The EU is setting the price cap at the request of the G7, which asked for … Continue reading EU Tentatively Agrees on $60 Per Barrel for Russian Oil Price Cap
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