EU policymakers on Friday signaled that the price at which non-G7 countries could purchase Russian crude and access G7 ...

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures ...

The EU has approved a new sanctions package targeting Russia and Belarus, overcoming a two-month-long impasse caused by a ...

Without stronger enforcement, including naval oversight and EU unity, sanctions risk being symbolic rather than impactful.

The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions ...

Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

The European Union has finally locked in its 18th sanctions package against Russia, and this one comes with some sharp edges.

The European Union has approved its latest sanctions package, the 18th since the full-scale Russian invasion of Ukraine over ...

The European Commission (EC) is reported to be planning a “floating” price cap on Russian oil shipments. The measure will be ...

On July 18, the Council of the EU endorsed the 18th package of anti-Russian sanctions, including the Russian oil price cap reduced to $47.6 per barrel. On the same day, the UK announced joining the EU ...

The EU, as part of the 18th package of sanctions, has lowered the G7-set price cap for Russian oil to $47.6 per barrel, ...

The European Commission has proposed a major overhaul to its Russian oil price cap regime, introducing a floating benchmark ...