BRUSSELS (Reuters) -Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.

The European Union’s top diplomat Kaja Kallas said Ukraine’s allies should work toward lowering the price cap on Russian oil in order to deprive the Kremlin of revenue. Most Read from BloombergThese Homes Withstood the LA Fires.

European Commission spokesman Olof Gill said on Monday that the G7 countries will consider lowering the price cap on Russian oil. The Northern EU countries—Sweden, Finland, Denmark, Lithuania, Latvia,

Ten European Union countries have called for the 27-nation bloc to ban imports of pipeline gas and liquefied natural gas (LNG) from Russia, a document seen by Reuters showed, as Europe debates fresh sanctions on Moscow over the war in Ukraine.