GLOBEALERT
POLITICSELEVATEDJul 10 · Jul 10, 2026, 5:00 AM

EU countries rush to avoid disastrous revision of Russian oil price cap

EuroNews [en]

If ambassadors fail to agree on the sanctions by 15 July, the price cap on Russian oil will be automatically revised, going all the way up to $58 per barrel, a scenario that Brussels considers unpalatable.

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