EU nation wants Russian oil capped at $30 a barrel – Bloomberg ...News

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Estonia has reportedly urged similar measures to be taken against the sanctioned country’s LNG exports The EU should lower the $60-a-barrel price cap on Russian oil by half and impose similar measures against the country’s liquefied natural gas (LNG) exports, Bloomberg quotes Estonian Foreign Minister Urmas Reinsalu as saying on Monday. According to the media outlet, Reinsalu insisted that the current $60-a-barrel limit is “far too high” and should be lowered to $30-a-barrel as “Russia gets billions from that business.”  The price cap on Russian seaborne oil exports of $60 per barrel was introduced by the EU on De

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