EU states fail to agree on Russian oil price cap ...News

Poland reportedly considered the currently proposed ceiling insufficiently punitive EU governments have been unable to agree on a proposed price cap for seaborne Russian crude oil as of Monday, diplomats told Reuters. Poland and some Baltic states have reportedly demanded that the $65-70 figure proposed by the G7 countries be lower still, in order to hamper Russia’s ability to finance its military operation in Ukraine. Warsaw insists the proposed cap will not have the desired effect on Moscow, pointing out that the country’s oil is currently trading somewhere between $52 and $63.50 per barrel. Along with Lithuania

Read More Details
Finally We wish PressBee provided you with enough information of ( EU states fail to agree on Russian oil price cap )

Also on site :

• Lou Christie, “Lightnin’ Strikes” and “Rhapsody in the Rain” Singer, Dies at 82
• Detained Afghan’s legal entry into U.S. was ‘improvident,’ government argues
• Legendary '80s Metal Band Performs Fan-Favorite for First Time in 20 Years: 'Sounding Great'