Read More 2 minute read Latest news Ukraine Australia slashes Russian oil price cap 21% while sanctioning 95 shadow fleet tankers The coordinated Western assault on Putin's energy revenues intensifies as Australia joins allies in targeting the maritime network. byOlena Mukhina
Read More 2 minute read Latest news Ukraine London also slashes price cap on Russian oil to $47.60 per barrel after EU’s sanctions adoption Western allies have escalated economic pressure on Russia by dropping the crude oil price cap. byOlena Mukhina
Read More 3 minute read Latest news Ukraine Barrels of blood: Israeli strikes on Iran unleash surge of cash for Russia’s war machine Every dollar from soaring oil prices arms Russian soldiers on Ukraine’s frontline. byOlena Mukhina
Read More 5 minute read Frontline report Frontline report: Russia faces oil price collapse as OPEC+ hikes production again With Urals crude at its lowest since 2023, Moscow’s budget faces major damage. byReporting from Ukraine
Read More 2 minute read Latest news Ukraine Russian oil falls below $ 60 as budget set at $ 69 The Kremlin’s war spending in Ukraine relies heavily on revenue from Urals crude, but US sanctions have disrupted the market. byYevheniia Martyniuk
Latest news Ukraine G7 agree to price cap for refined Russian oil The international Group of Seven industrialized countries agreed on 3 February on a price cap for refined Russian… byYuri Zoria
Latest news Ukraine The US and its allies agreed to introduce two price caps for Russian oil products On Friday, January 20, Deputy Secretary of the US Treasury Wally Adeyemo met with Deputy Ministers representing the… byOrysia Hrudka
Latest news Ukraine Russia asks India to build huge oil tankers to evade price cap Russian authorities have asked India to establish joint production of large-capacity tankers to transport oil, which since December… byAlya Shandra
Latest news Ukraine Price cap on Russian oil can work only if lowered to 35 USD instead of 60 USD – Ukraine’s Economy Minister The new Price Cap Policy mechanism has significant potential but price restrictions for Russia must be revised downwards,… byEuromaidan Press Staff
Latest news Ukraine EU council agrees to cap Russian oil price at 60 USD per barrel On 3 December, the Council of the European Union decided to set an oil price cap for crude… byYuri Zoria
Latest news Ukraine G7, Australia join EU in adopting price cap on Russian crude oil On 2 December, the US Department of Treasury reported that following the agreement by the 27 EU member… byYuri Zoria
Latest news Ukraine EU agrees on Russian oil price cap of $60 per barrel after fraught talks – NYT Diplomats from the European Union agreed on Friday to set a top price of $60 per barrel for… byOrysia Hrudka
Latest news Ukraine EU fails to agree Russian gas price cap amid deep divisions – AFP On 24 November, EU energy ministers failed to agree a cap on gas prices to mitigate the energy… byYuri Zoria
Latest news Ukraine EU expects to be ready for Russia oil price cap Dec 5 start, EU energy policy chief says – Reuters The European Union expects to have its regulations completed in time for the introduction of a G7 plan… byYuri Zoria
Latest news Ukraine European Council sanctions vessels transporting Russian oil at price above price cap The European Council decided that in event that a vessel under the flag of a third country has… byOrysia Hrudka
Read More 6 minute read International EU’s 8th Russia sanctions package has oil price cap, falls beneath Kyiv’s expectations The EU has agreed on the eighth sanctions package against Russia, RFE/RL editor on Europe Rickard Jozwiak reported… byAlya Shandra
Read More 1 minute read Latest news Ukraine EU’s von der Leyen backs price cap on Russian pipeline gas – Reuters Europe needs to impose a price cap on Russian pipeline gas to foil Russian President Vladimir Putin's attempts… byOlena Mukhina