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EU backs 60 dollar-per-barrel price cap on Russian oil

EU edges closer to $60-per-barrel Russian oil price cap - New Delhi Times - India Only International Newspaper

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 down on President Vladimir Putin’s ability to fund his war in Ukraine. EU nations sought to push the cap…

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