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

By Julia Payne and John Irish BRUSSELS/PARIS (Reuters) -The European Commission is expected to propose a floating Russian oil ...

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

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The global drop in oil prices has rendered the current US$60 cap nearly irrelevant, prompting renewed discussions about lowering the price cap on Russian oil. G7 leaders are scheduled to meet from ...

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

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

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

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 ...

Israel's attack on Iran and the U.S.'s rejection of tougher oil sanctions could boost Russia's revenues from its key export.

Tallinn says lowering cap from $60 to $45 per barrel would be most efficient way to curb Moscow’s energy revenues - Anadolu ...