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EU proposes lowering Russia oil price cap in new round of sanctions

By AFP (Glomex) 10 June 2025 242 Views

Source: AFP (Glomex)

The European Union proposes slashing a price cap on Russia's global oil exports, as part of a new package of sanctions over the Ukraine war. European Commission chief Ursula von der Leyen puts forward cutting the current level from $60 to $45 as Moscow drags its feet on a ceasefire in Ukraine. SOUNDBITE

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