G-7 officials have agreed to review the level of the price cap on exports of Russian oil in March, later than originally ...

Ukrainian President Volodymyr Zelenskyy urged on Saturday that a price cap on Russian seaborne oil be set at $30-$40 per barrel, much lower than the level proposed by the G7, Reuters reported. EU ...

Ambassadors of European Union governments on Friday discussed a European Commission proposal to set price caps on Russian oil products from Feb 5, but reached no decision and decided to continue talks ...

Russia is keeping its oil moving, defying fears that sanctions would lead to a plunge in exports, with the help of several ...

EU officials have failed to iron out the details of the price cap of Russian oil products going into effect on February 5 ...

Russia has been offering Asian buyers shipping and insurance services that inflate the end price of its crude – which is ...

Russia's war in Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting an unnecessary drag ...

The Biden administration is inclined to oppose any move to lower the price cap on exports of Russian crude oil, despite a ...

The European Union is considering setting a $100 a barrel price cap on Russian diesel to limit the potential fallout on ...

Ukrainian President Volodymyr Zelenskyy said the decision to impose a $60 price cap on Russian seaborne oil can’t be called “a serious decision” as that level is “quite comfortable” for Russia's ...

The Group of Seven countries, Australia and the European Union will extend sanctions on Russia for its war in Ukraine by ...

A price cap and European Union embargo on most Russian oil have cut into Moscow's revenue from fossil fuels, but the Kremlin ...