Eu launches new sanctions Against Russia for More Effective Oil Price Cap


On Friday, the European Union Approved An 18th Round of Sanctions Targeting Russia for its Nail in Ukraine, Introduction New Measures Designed to Further Criple the Country’s Oil and Energy Sector. According to have diplomats, the block will implement a floating price cap on russian crude oil set at 15% below its average market price – an effort to strengthen the impact of the width ineffective $ 60 cap imposed by the group of seven nations sincember 2022. Thibault Franceschet and Simon MORTIZ TELL.

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