Russia sanctions. EU ambassadors approved the bloc’s 18th sanctions package against Russia. The package sets a moving price cap on Russian oil at 15 percent below its average market price. At current prices, this puts the cap at $47.60 per barrel, down from $60. It also targets the Nord Stream gas pipelines and 105 shadow […]
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Daily Memo: EU Tightens Russia Sanctions
The new package lowers the oil price cap and targets Nord Stream, tankers and banks.
