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

by The Kyiv Independent news desk December 1, 2022 10:16 PM 1 min read
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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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