The EU governments tentatively agreed on a $60 a barrel price cap on Russian oil with an adjustment mechanism to keep the cap at 5% below the market price. The agreement still needs approval from all EU governments in a written procedure https://
reuters.com/business/energ
y/eu-agrees-60-barrel-price-cap-russian-seaborne-oil-eu-diplomat-2022-12-01/
…

Leave a Reply