Russia warns oil price ceiling is ‘dangerous’

Russia warns oil price ceiling is 'dangerous'

Moscow believes that the move to impose a ceiling on oil prices proposed by the West is “dangerous” and will increase costs for energy users. “Such moves will inevitably lead to increasing unrest and an additional cost burden on consumers,” …

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EU agrees on ceiling price of Russian oil

EU agrees on ceiling price of Russian oil

The European Union will join the G7 powers to impose a ceiling price of $60 per barrel on Russian oil. “We can officially agree to the decision,” Poland’s ambassador to the European Union (EU) Andrzej Sados announced on December 2. …

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