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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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Vladimir Plahotniuc was Moldova's wealthiest businessman and de facto controlled the country's government in the 2010s in what critics described as a "captured state." His fall from grace is seen by his opponents as part of Moldova's alignment with European liberal and democratic values.

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The Kyiv Independent’s Kateryna Denisova sits down with Dmytro Kuleba, Ukraine's former foreign minister, to discuss U.S.-led peace talks, Donald Trump’s approach to Ukraine, Europe’s role in ending the war, and why he believes neither Washington nor Moscow can impose a settlement on Kyiv.

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