The Ridiculous Reality of the Russian Oil Price Cap Debate in One Picture
EU Talks Stall Over Price Level for Proposed Russian Oil Cap
Bloomberg reports EU Talks Stall Over Price Level for Proposed Russian Oil Cap
The EU’s executive arm proposed a level of $65 a barrel, which Poland and the Baltic nations rejected as being too generous to Moscow, the people said. But several countries with major shipping industries, including Greece, don’t want to go below $70, the upper end of the range put forward by the EU earlier Wednesday.