- EU weighs cap on price paid for Russian oil as way to hit Kremlin revenues – FT
Market news
26 April 2022
EU weighs cap on price paid for Russian oil as way to hit Kremlin revenues – FT
As the European Union (EU) member states remain reluctant to announce an immediate embargo on Russian oil imports, they are contemplating imposing a ceiling on what they would pay for Russian oil as a way to hit Kremlin revenues, the Financial Times (FT) reported, citing one person familiar with the conversations.
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