The measure is eating into Kremlin fossil fuel export profits and exacerbating a ballooning budget deficit amid Russia's war ...
Russia is overhauling how oil companies are taxed, aiming to bolster state revenues by capturing a bigger share of crude ...
Leaders of the European Union member states agreed on Thursday to continue sanctions pressure on Russia, including limiting ...
It was a bit more than 6 months ago when the G-7 announced a novel plan to try and cap the price of Russian oil worldwide.
Group of Seven Nations are not likely to revise a price cap on Russian oil this week, two European Union officials and one ...
The IEA said Russia's estimated oil export revenues fell to $11.6 billion last month, down $2.7 billion from January when ...
Moscow is poised to alter the taxation of Russian oil companies in order to increase state revenues by tapping into crude oil ...
The Biden administration is fending off pressure to lower the Russian oil price cap, insisting that it is achieving its ...
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 ...
A California bill, sponsored by Governor Gavin Newsom, that would cap the profits ... spikes in gas prices, the LA Times ...
The G7 was due in mid-March to revise the price cap put in place in December, but the officials said EU countries' ...
