EU agrees to impose price cap for Russian oil – Politico ...News

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The bloc promised “concessions” to overcome opposition from Malta, Greece and Cyprus The EU has reached a tentative deal to impose a price cap on the sale of Russian oil to third countries, Politico Europe reported on Tuesday citing diplomatic sources. Cyprus, Greece and Malta had concerns about the potential impact on their shipping industry, but were reportedly promised concessions.  The price cap is part of the eighth round of anti-Russian sanctions, which Brussels is expected to roll out this week, citing the ongoing conflict in Ukraine. EU ambassadors reached an agreement on Tuesday and expect to approve th

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