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Russian oil, EU and G7 price cap
Six EU countries call for lowering of G7 price cap on Russian oil
BRUSSELS (Reuters) -Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.
Six EU Members Want Lower Price Cap for Russian Oil
Several EU members are urging the European Commission to lower the G7's price cap on Russian oil in an attempt to further cripple Russia's economy.
EU's Nordic, Baltic members reportedly urge lowering of Russian oil price cap
The countries argue that a lower cap would further restrict Russia's ability to finance its war against Ukraine while avoiding significant disruptions to global oil markets.
Baltic and Nordic countries push for lower Russian oil price cap
The proposal will be reviewed by G7 countries, according to EC spokesperson Olof Gill. Read also: US sanctions drive oil price jump as China and India seek new suppliers "We have received the letter," Gill said during a briefing in Brussels.
22h
Jets, tanks and bears: The last time the G7 came to Alberta, it was in the shadow of 9/11
Canada's top security officials are ramping up planning in Kananaskis, just west of Calgary, for the 51st G7 leaders' summit in June, more than two decades after the region last held the high-profile ...
4d
Ukraine receives first 3 bln euro tranche of G7 loan from EU
Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union's portion of a loan agreed by the ...
The Canadian Press on MSN
11d
Canada is set to preside over the G7 in 2025 – what that means and what’s at stake
Ottawa will be chairing its meetings for the seventh time and plans to host the leaders’ summit from June 15 to 17 in ...
DPA International on MSN
3d
Ukraine receives €3bn from EU as part of major G7 aid package
Ukraine on Friday received €3 billion ($3.1 billion) from the European Commission as part of a major aid package pledged by ...
Tempo
5d
Differences Between BRICS and G7, Which One is Stronger?
BRICS vs G7? Which one is stronger in terms of economic growth? Let's follow the discussion of these circumstances here.
5d
Britain suffers worst inflation in G7
Britain is suffering from the highest price rises in the G7, new figures show, as fears of even higher inflation mount ...
Ukrainska Pravda on MSN
4d
Ukraine receives first €3 billion from EU as part of US$50 billion G7 loan
Ukraine has received the first tranche of €3 billion from the amount allocated by the European Union for a joint loan from ...
Ukrinform
20h
EU countries call for lowering G7 price cap on Russian oil
Six European Union countries have called on the European Commission to lower the G7 price cap set for Russian oil at $60 per ...
4d
Ukraine Receives First 3 Billion Euro Tranche of G7 Loan From EU
"Today, we deliver €3 billion to Ukraine, the 1st payment of the EU part of the G7 loan. Giving Ukraine the financial power ...
4d
on MSN
Ukraine receives first 3 billion euro tranche of G7 loan from EU, prime minister says
Ukraine received its first 3 billion euro ($3.09 billion) tranche of the European Union's portion of the Extraordinary ...
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