European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia for its full-scale invasion of ...

The European Commission (EC) is reported to be planning a “floating” price cap on Russian oil shipments. The measure will be ...

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

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The European Union is on the cusp of agreeing on an 18th sanctions package against Russia, focusing on a lower price cap on ...

The European Commission is set to propose a new floating oil price cap targeting Russian crude, adjusting to global market ...

The European Commission is reportedly set to propose a floating price cap on Russian oil exports. The price cap is aimed at ...

The European Union took a tentative step closer to a new price-cap regime on Russian oil that would aim to push the price of ...

Western sanctions aimed to cripple Russia’s oil trade, but a hidden network of offshore firms, rogue traders, and aging ...

The proposed price cap would be set at 15% below the market rate based on a 10-week average, lowering the threshold to $50 ...

The EU is close to reaching a full agreement on its 18th sanctions package against Moscow, which will include a new Russian ...

Crude oil prices rose around 3 percent last week, marking the second consecutive weekly gain and touching a two-week high, ...