EU edges closer to $60-per-barrel Russian oil price cap
risingnepaldaily.com · Sat Dec 03 00:08:59 GMT 2022
Brussels, Dec. 3:
The European Union was edging closer to setting a $60-per-barrel price cap on Russian oil — a highly anticipated and complex political and economic maneuver designed to keep Russia's supplies flowing into global markets while clamping down on President Vladimir Putin's ability to fund his war in Ukraine.
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