Today news
About the same in other media
Western Allies Aim to Agree on Russian Oil Price Cap Wednesday
Reading now: 816
The U.S. and its allies are seeking to agree as soon as Wednesday on a level for a price cap on Russian oil, with officials discussing setting it at around $60 a barrel as the group rushes to complete the plan, according to people familiar with the talks.
The price cap, which the people said could still be set as high as $70, is at the center of the West’s efforts to sanction Russia for its invasion of Ukraine. The Group of Seven advanced democracies and Australia plan to begin enforcing the price cap on Dec. 5 after struggling to craft its details this fall.
Read more on wsj.comAbout this in other media
EU-Med countries seek more flexible gas price cap mechanism euronews.com /1 year ago
Economy Week Ahead: U.S. Trade and Supplier Prices in Focus wsj.com /1 year ago
Economy Week Ahead: U.S. Trade and Supplier Prices in Focus wsj.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
