price cap

Europe, US introduce price cap for Russian oil products

Europe, US introduce price cap for Russian oil products

The cap was approved at $100 for gasoline and diesel fuel, and $45 for discounted oil products. The European Union and Washington officially approved the price ceiling for oil products produced in Russia. The European …

Europe to live without Russian oil

Europe to live without Russian oil

Today, Russia's permanent representative to international organizations in Vienna, Mikhail Ulyanov, warned that the Russian Federation would stop supplying oil to the EU countries after the introduction of a price cap of $60 per barrel. …