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Reuters: EU governments 'tentatively' agree on $60 a barrel price cap on Russian seaborne oil.

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The decision envisages an adjustment mechanism to keep the cap at 5% below the market price, according to diplomats and a document seen by Reuters.

To be implemented, the agreement needs to get the final approval of all EU governments.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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In this interview, The Kyiv Independent's Francis Farrell speaks with Mykola Bielieskov, senior analyst at Come Back Alive and research fellow at the National Institute for Strategic Studies, about why Russian advances have slowed, how Ukraine’s drone tactics are reshaping the battlefield, and the limits of relying on manpower alone.

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