EU proposes lowering Russia oil price cap in new round of sanctions

EU proposes lowering Russia oil price cap in new round of sanctions

Alliance News
2025-06-10 13:37

(Alliance News) - The EU on Tuesday proposed slashing a price cap on Russia's global oil exports, as part of a new package of sanctions over the Ukraine war.

European Commission chief Ursula von der Leyen put forward cutting the current level from USD60 to USD45 as Moscow drags its feet on a ceasefire in Ukraine.

source: AFP

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