G-7 officials have agreed to review the level of the price cap on exports of Russian oil in March, later than originally ...

Ambassadors of European Union governments on Friday discussed a European Commission proposal to set price caps on Russian oil products from Feb 5, but reached no decision and decided to continue talks ...

EU officials have failed to iron out the details of the price cap of Russian oil products going into effect on February 5 ...

Ukrainian President Volodymyr Zelenskyy urged on Saturday that a price cap on Russian seaborne oil be set at $30-$40 per barrel, much lower than the level proposed by the G7, Reuters reported. EU ...

Russia has been offering Asian buyers shipping and insurance services that inflate the end price of its crude – which is ...

Russia is keeping its oil moving, defying fears that sanctions would lead to a plunge in exports, with the help of several ...

The Biden administration is inclined to oppose any move to lower the price cap on exports of Russian crude oil, despite a ...

The European Union is considering setting a $100 a barrel price cap on Russian diesel to limit the potential fallout on ...

European Union countries have agreed to put a cap on Russian oil prices of $60 per barrel, bringing an end to days of arguments over how hard to hit Vladimir Putin's fossil fuel revenues. According to ...

Russia's war in Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting an unnecessary drag ...

The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, an EU ...

The Group of Seven countries, Australia and the European Union will extend sanctions on Russia for its war in Ukraine by ...