EU to resume debate on Russian oil price cap – Bloomberg ...News

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EU to resume debate on Russian oil price cap – Bloomberg
source : Russia Today ( News ) () 23
Previous attempts to clinch a deal have stalled as some member states called it “too generous” to Moscow EU leaders will meet Friday evening to try to once again reach an agreement on setting a price ceiling for Russian crude oil shipped by sea, sources told Bloomberg. The bloc's members have previously failed to score a deal designed to cut Moscow’s oil revenues. The deadlock persists as EU states have been split over how low the maximum price should be. Several nations, including Poland and the Baltic States, oppose the European Commission's proposal to set a $65 to $70 per barrel limit, claiming it is “too gene

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