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Six EU countries call for lowering of G7 price cap on Russian oil

Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.

Bloomberg L.P. · 44m

EU’s Kallas ‘Pushing’ to Lower Price Cap on Russian Oil

One is reducing the oil price cap for Russian crude oil. The second is potentially banning LNG coming from Russia into Europe, and the third is the underlying Russian frozen assets. Where do you see is there a possibility to make movement on any of those three?

The New Voice of Ukraine on MSN · 4h

Baltic and Nordic countries push for lower Russian oil price cap

The proposal will be reviewed by G7 countries, according to EC spokesperson Olof Gill. Read also: US sanctions drive oil price jump as China and India seek new suppliers "We have received the letter," Gill said during a briefing in Brussels.

Kyiv Independent on MSN · 23h

EU's Nordic, Baltic members reportedly urge lowering of Russian oil price cap

Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia have urged the European Commission to further decrease the $60 per barrel price cap on Russian oil set by the G7, Reuters reported on Jan. 13,

5hon MSN

'I've visited all 50 countries in Europe - my favourite is Brit stag do hotspot'

YouTuber Drew Binsky ranked all 50 European countries from his favourite to least favourite, and it was a country popular ...

19hon MSN

Russia Accuses Kyiv of Targeting Its Last Remaining Gas Link to Europe

The Turkish Stream pipeline enabled Russia to avoid using Ukraine as a transit country when exporting natural gas to Europe, ...

TravelPulse on MSN23h

Europe Travel Guide: 2025’s Best Destinations, Events, Attractions and More

Europe is the world's most beloved region. Romantic, historic, safe and filled with delectable food & drink delights, Europe ...

23h

The beautiful country that is one of Europe's smallest can be seen in a single day

This historic country is not defined by its small size - it's a highly significant city and you can see the whole place in a ...

4hon MSN

'I've been to every country in Europe - and my favourite is popular Brit stag do destination'

Drew Binsky has been to every single country in the world and has ranked his favourite European countries with a popular Brit ...

13d

Ceremonies mark full membership of Bulgaria and Romania in Europe's Schengen travel zone

Bulgaria and Romania are holding ceremonies to mark their full membership in Europe’s Schengen area, the culmination of years ...

2d

The beautiful country that's one of Europe's poorest with its very own Arc de Triomphe

This European country is not known for being a tourist hotspot but it makes for a great place to explore while on holiday.

21h

10 EU Nations Say It’s Time to Sanction Russian Natural Gas, LNG

A group of 10 European Union nations is pushing to toughen sanctions against Russia by introducing further restrictions on ...

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