Brussels slashed Russia’s oil price cap from $60 to $47.60 per barrel. Cap will update quarterly. EU also banned insured tankers from moving Russian crude sold above the cap. Refined fuels made from Russian oil are now restricted. 2/
Brussels slashed Russia’s oil price cap from $60 to $47.60 per barrel. Cap will update quarterly. EU also banned insured tankers from moving Russian crude sold above the cap. Refined fuels made from Russian oil are now restricted. 2/
Leave a Reply