Oil-related sanctions require a price cap to be able to cut off the flow of money for Russia’s war machine

EU Considers Freezing Russian Oil Price Cap as Sanctioned Tankers Evade Seizure in UK Waters

The European Union is considering freezing the automatic adjustment mechanism for the price cap on Russian oil, while over 200 sanctioned Ru

EU Considers Temporary Freeze on Russian Oil Price Cap Amid Middle East Conflict

The European Union is considering temporarily freezing its price cap on Russian oil, which is currently set at $44.10 per barrel. The cap us

EU Unveils 21st Sanctions Package Targeting Russian Oil, Banks, and Cryptocurrency

The European Commission presented its 21st sanctions package against Russia on June 9, targeting energy (particularly oil price caps), finan

EU may keep Russian oil price cap unchanged at $44 per barrel to pressure Moscow

Russian Central Bank Warns of Rising Inflation Risks from War Spending and Fuel Costs

Russian Central Bank Governor Elvira Nabiullina warned on June 19 that pro-inflationary risks have significantly increased due to soaring do

Russia considers fuel imports and subsidies as Ukrainian drone strikes cripple oil refineries

Russia is considering fuel imports and price subsidies to address a worsening gasoline and diesel shortage caused by Ukrainian drone strikes