EU talks on Russian oil cap ‘stalled’ – Bloomberg ...News

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EU talks on Russian oil cap ‘stalled’ – Bloomberg
Brussels’ decision to water down the proposed cap reportedly did not help bridge differences, according to the outlet Negotiations between EU member states on a Russian oil-price cap proposal became "bogged down" on Wednesday evening, Bloomberg has reported, adding that the bloc’s members remain "split" over the cap level. A price cap of $65 a barrel reportedly proposed by Brussels is thought to have failed to gain support both from those advocating a tougher stance and those preferring more leeway in dealing with Moscow. The proposal was rejected by Poland and the Baltic States, which called it "too generous" for

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