EU fails to agree price level for Russian oil cap as splits emerge in bloc

City A.M.

24 Nov 2022 0 shares 1 views

City A.M.

Published 24 Nov 2022

The EU is split over the price of a Russian oil cap as the West seeks to slash the Kremlin's war revenues and tame the cost of living crisis.

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The European Union on Friday once again failed to reach an agreement on a price cap for Russian oil, with the bloc's eastern-most..

The European Union is currently in discussions to cap the price of Russian oil at somewhere between $65 and $70 per barrel, an EU..

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