US EditionEstonia May Block EU's New Russia Sanctions Package if Oil Price Cap Not Lowered
ESTONIA, JUL 9 – Estonia demands a $45 per barrel cap on Russian oil to cut Moscow's war funding and may block the EU's 18th sanctions package without this key measure.
- Estonia may block the European Union's 18th sanctions package against Russia if the oil price cap is not reduced to 45 U.S. dollars per barrel, according to Foreign Affairs Minister Margus Tsahkna.
- The European Commission proposed lowering the cap from 60 to 45 U.S. dollars, which has faced opposition from some Mediterranean countries, particularly Malta.
- Tsahkna emphasized that a firmer cap on oil prices must be included in the sanctions package to receive Estonia's approval.
- Recent indications suggest major G7 countries and the U.S. may support a stricter cap on Russian oil, which Russia has been selling above the current cap.
13 Articles
13 Articles
Estonia Threatens Veto of EU's New Russia Sanctions - teleSUR English
The sanctions prohibit vessels from transporting Russian oil if it is sold above the price cap. On Wednesday, Foreign Affairs Minister Margus Tsahkna indicated that Estonia may block the adoption of the European Union’s (EU) 18th sanctions package against Russia if the price cap on Russian oil is not dropped to 45 U.S. dollars per barrel. RELATED: Canada, Estonia, Latvia, and Lithuania Sanction Georgian Officials Last month, President of the Eur…
Estonia can veto a new EU package of sanctions against Russia, the 18th since the beginning of the war, unless it includes a reduction in the price ceiling for Russian oil.
Estonia has threatened to block new sanctions against Russia: EADaily
EADaily, July 9th, 2025. The Estonian authorities threatened to block the new 18th package of sanctions against Russia. Tallinn is not satisfied with the fact that the new restrictions will not include lowering the ceiling of prices for Russian oil, as stated at one time by the head of the European Commission…
Coverage Details
Bias Distribution
- 57% of the sources lean Left
To view factuality data please Upgrade to Premium
