EU Lowers Russian Oil Cap to $47.60 ...Middle East

The European Union lowered the price cap on Russian crude oil to $47.60 from $60 per barrel as it adopted on Friday the 18th sanctions package against Russia, targeting a hundred more ‘shadow fleet’ tankers, energy trade, and traders and banks enabling it.  Following weeks of negotiations and Slovakia holding up the required unanimous approval of the sanctions package, the EU finally agreed on the fresh sanctions after Slovakia lifted its veto. Slovakia had tied dropping its veto with receiving sufficient energy security guarantees…

Hence then, the article about eu lowers russian oil cap to 47 60 was published today ( Friday 18/07/2025 - 05:00 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( EU Lowers Russian Oil Cap to $47.60 )

Also on site :

• Bitmine Immersion (BMNR) kondigt aan dat ETH Holdings 4,11 miljoen tokens bereikt, en Total Crypto en Total Cash Holdings $ 13,2 miljard
• Dstny Microsoft Teams integration Facilitates 445 Million Calls in 2025 as Platform Adoption Accelerates
• CCTV+: A Research Partnership Across Continents -- Mulch Film and Agricultural Exchange