EU reportedly agrees to $60 a barrel price cap on Russian seaborne oil

Capt. John

The EU governments have agreed, tentatively, to a $60 a barrel price cap on Russian seaborne oil, according to a Reuters report, citing an unnamed diplomat. However, in a compromise to keep Poland and the Baltic states happier, there will also be an adjustment mechanism to keep the cap at 5% below...

https://insurancemarinenews.com/insurance-marine-news/eu-reportedly-agrees-to-60-a-barrel-price-cap-on-russian-seaborne-oil/

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