Russia and Iran Set to Be Key Issues at Opec Meeting in Vienna

Russia and Iran set to be key issues at Opec meeting in Vienna

The group plans to boost production by 548,000 barrels per day for August

Oil Price Cap_ Slovak Veto Stand In Way Of New EU Russia Sanctions

The European Union is edging closer to finally adopting its latest sanctions package, the 18th since the full-scale Russian invasion of Ukraine over three years ago. But two items still remain to be negotiated. Firstly, the price cap on Russian oil. It’s still in the draft proposal seen by RFE/RL,

Oil Price Cap Debate Stalls EU-Russia Sanctions

The European Union faces challenges in adopting its 18th sanctions package against Russia due to disagreements over the oil price cap and a Slovak veto tied to energy import phase-out proposals.

Slovakia continues to block EU's 18th Russia sanctions package, media reports

EU ambassadors failed to approve the bloc's 18th package of sanctions against Russia during a July 9 Committee of Permanent Representatives meeting, as Slovakia continued to block the measures, European Pravda reported, citing three unnamed EU diplomats. Since EU sanctions require unanimous backing, a single country's veto prevents the package from being implemented. In late June, both Slovakia and Hungary opposed the draft sanctions, stalling t…

Slovakia maintains veto on new EU sanctions against Russia

The bilateral talks between Brussels and Bratislava have so far failed to produce the breakthrough needed to lift Robert Fico's veto.

Oil Price Cap, Slovak Veto Stand In Way Of New EU Russia Sanctions

The European Union is edging closer to finally adopting its latest sanctions package, the 18th since the full-scale Russian invasion of Ukraine over three years ago. But two items still remain to be negotiated.