The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...

EU diplomats said the floating cap would be recalibrated every three months based on the 10-week average of global prices, ...

The European Union may link the so-called price cap on Russian oil to global market prices. Source: Bloomberg Quote: "Member ...

Even before a Russian attack drone murdered an innocent 1-year-old Wednesday and highlighted Vladimir Putin’s savagery, ...

The EU's top diplomat on Friday slammed Russia's latest blitz on Ukraine as "unacceptable", saying the 27-nation bloc was pondering a ...

The proposed price cap would be set at 15% below the market rate based on a 10-week average, lowering the threshold to $50 ...

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