Articles written by Raf Casert & Fatima Hussein
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EU edges closer to $60-per-barrel Russian oil price cap
BRUSSELS (AP) — The European Union was edging closer to setting a $60-per-barrel price cap on Russian oil — a highly anticipated and complex political and economic maneuver designed to keep Russia's supplies flowing into global markets while clamping...
G-7 joins EU on $60-per-barrel price cap on Russian oil
WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the global oil market to prevent price spikes and s...
