Western sanctions against Russia, including the oil price cap, have largely been ineffective in significantly impacting Russia's oil revenues or overall economic health. Russia's economy has shown ...

BRUSSELS (Reuters) -The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and ...

Learn how revenue cap regulation limits monopolistic revenue, its workings in regulated industries, and the pros and cons of ...

The European Union's 18th sanctions package against Russia faces obstacles due to an unresolved debate over lowering the Russian oil price cap and a veto from Slovakia linked to a separate proposal to ...

BRUSSELS, July 11 (Reuters) - The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude in the previous three months, EU diplomats ...

LONDON, April 25 (Reuters) - Britain's domestic energy price cap is expected to fall around 9% in July after wholesale energy prices tumbled amid warmer weather and as U.S. tariff announcements stoked ...

Energy prices for millions of consumers in the UK are dictated by the energy price cap, which sets the maximum that energy suppliers can charge you for one unit of energy. The price cap is set by the ...