Ukrainska Pravda on MSN

EU lowers price cap for Russian oil

The European Union has once again lowered the price cap on Russian oil that is permitted for use within the EU. Source: an ...
EU plans to lower the Russian oil price cap to $44.10 per barrel in February, restricting Moscow's energy income and limiting ...
Crude oil prices are in retreat after rising on the possibility of U.S. strikes on Iran. Before the retreat, however, Brent ...
Attempt to squeeze Russian oil revenues follows introduction of ‘semi-floating’ system in 2025 sanctions package ...
It is reported that the EU's price cap mechanism for Russian oil was first established in December 2022, with an initial cap of $60 per barrel. On September 3, 2025, the EU first lowered the price cap ...
New sanctions will ban imports to the EU of products derived from Russian oil from January 21. But critics point to ...
The price cap for Russian oil will be lowered to $44.10 per barrel, the European Commission announced on Thursday. The ...
LONDON, Dec 5 (Reuters) - The G7’s proposed plan to bar tankers from hauling Russian oil ups the ante in the West’s economic stand-off with Moscow, but the ultimate bite hinges on whether governments ...
Oil prices rose on Friday on concerns about potential disruption to Iran's output and uncertainty about supply from Venezuela ...