News Feed
Show More
News Feed

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

0 min read

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.

Avatar
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.

Read more