Published 2 years ago

EU Countries Plan to Delay Russian Oil Price Cap Amid Divisions

Summary by Ground News

The European Commission met this weekend to settle details of a new sanctions package on Russia. Cyprus and Hungary are still opposed to the price cap, sources told Bloomberg. The G7 has been pushing for a price cap to coincide with the EU's ban on seaborne Russian oil imports that will take effect in December.

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Bloomberg

EU Countries Plan to Delay Russian Oil Price Cap Amid Divisions

European Union nations are struggling to reach an accord on imposing a price cap on Russian oil and will likely push back a deal on the issue until after a broader sanctions package has been agreed.

2 years ago·United States

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Russia Today [🇷🇺-affiliated]

EU to set aside Russian oil cap plan – Bloomberg

The EU countries may delay introduction of the Russian oil-price cap due to divisions on the matter, sources told Bloomberg

2 years ago·Russian Federation

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Business Insider

The EU will likely delay a cap on Russian oil prices as the bloc struggles to reach an agreement, report says

Efforts to implement a Russian oil price cap are falling flat as the EU struggles to come to an agreement over the matter, sources told Bloomberg.

2 years ago·United States

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Investing.com

EU Countries Plan to Delay Russian Oil Price Cap Amid Divisions

(Bloomberg) — European Union nations are struggling to reach an accord on imposing a price cap on Russian oil and will likely push back a deal on the issue until… This News EU Countries Plan to Delay Russian Oil Price Cap Amid Divisions appeared first on STL.News.

2 years ago

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