The EU Could Agree On A Russian Oil Price Cap Today

The European Union could reach an agreement to back a price cap on Russian oil and more sanctions against Russia as soon as Monday, the Polish representative to the EU said today. “I am hopeful in a couple of hours we can have a unanimous agreement on the sanctions package,” Andrzej Sados, Poland’s ambassador to the EU, told reporters, as carried by Bloomberg. “We are very close to it and there is determination to clinch a deal ASAP,” Sados said as the ambassadors to the EU of all 27 member states of the bloc began…