Tag #Oil Price Cap

Showing 1 to 12 of 22 results

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Switzerland Adopts EU Sanctions on Russia, Lowers Oil Price Cap

Switzerland joined the EU's 18th sanctions package against Russia on August 12th, targeting 14 individuals, 41 entities, 105 vessels, and lowering the oil price cap to $47.60 per barrel, effective September 3, 2025.

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theguardian.com
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EU and UK Lower Russian Oil Price Cap to $47.60

The EU and UK lowered the price cap on Russian seaborne oil to \$47.60 per barrel from \$60, impacting Russia's war funding; the new cap, effective September 3rd, is part of a broader sanctions package targeting pipelines, banks, and tech exports, with 447 vessels sanctioned to date.

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lefigaro.fr
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EU Lowers Russian Oil Price Cap to $45 in 18th Sanctions Package

The EU implemented its 18th sanctions package against Russia, lowering the maximum price of exported Russian oil to around $45 per barrel, following Slovakia lifting its veto after receiving gas supply guarantees; this aims to further reduce Russia's war funding.

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mk.ru
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EU Divided on Oil Price Cap as Sanctions Debate Intensifies

Amidst EU divisions over sanctions, Estonia advocates for a $45 oil price cap while Slovakia opposes the 18th package unless energy issues are addressed, highlighting disagreements over energy policy and the sanctions' effectiveness. Germany urges Slovakia's cooperation.

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es.euronews.com
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EU Proposes 18th Sanctions Package Against Russia, Lowering Oil Price Cap

The European Union proposed its 18th sanctions package against Russia, including a lowered price cap on Russian oil to \$45 per barrel, a ban on Nord Stream pipelines, and further targeting of Russian oil tankers, aiming to pressure Russia into a 30-day ceasefire in Ukraine.

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us.cnn.com
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EU Imposes 18th Sanctions Package on Russia, Targeting Oil and Banking

The EU imposed its 18th sanctions package on Russia on Tuesday, lowering the oil price cap to $45 per barrel, banning transactions with sanctioned Russian banks in third countries, and prohibiting use of Russian energy infrastructure, aiming to curb Russia's war funding.

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dw.com
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Canada, EU, and UK Lower Price Cap on Russian Oil to $47.60

Canada, in coordination with the EU and UK, is lowering the price cap on Russian seaborne oil to $47.60 per barrel, aiming to further restrict Russia's war funding; this follows a G7 summit announcement and includes further sanctions on those supporting the war.

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elmundo.es
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EU Imposes 18th Sanctions Package on Russia After Slovakia Lifts Veto

The EU approved its 18th sanctions package against Russia, including a dynamic oil price cap (\$45-50/barrel), Nord Stream pipeline ban, sanctions on 20 banks, and measures against shadow fleets, after a two-month delay caused by Slovakia's veto, which was lifted on Friday.

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zeit.de
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EU Agrees on Stricter Sanctions Against Russia, Lowering Oil Price Cap

The European Union implemented its 18th sanctions package against Russia, lowering the price cap on Russian oil exports to \$47.60 per barrel and targeting banks and the arms industry, resolving a weeks-long deadlock with Slovakia through concessions.

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mk.ru
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EU Extends Russia Sanctions, Targeting Oil Price and Nord Stream

The European Union is extending its sanctions against Russia, including a proposed reduction of the oil price cap to \$45 per barrel and a ban on Nord Stream pipeline transactions; Hungary initially opposed but later agreed, reportedly due to US pressure; analysts express mixed views on effectivenes...

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abcnews.go.com
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EU Proposes New Sanctions on Russia, Lowering Oil Price Cap to $45

The European Union is proposing a new round of sanctions against Russia, including lowering the oil price cap to $45 per barrel and sanctioning the Nord Stream pipelines, to curb Russia's war funding and pressure it toward peace negotiations.

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elpais.com
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EU Tightens Sanctions on Russia, Targets Oil Price and Shadow Fleet

The European Commission proposed an 18th sanctions package against Russia, lowering the oil price cap to $45 per barrel, targeting over 400 vessels in its 'shadow fleet', sanctioning companies in the UAE, Mauritius, and Hong Kong, and banning transactions related to Nord Stream 1 and 2 pipelines; th...

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Showing 1 to 12 of 22 results