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EU edges closer to $60-per-barrel Russian oil price cap

Por: ABC News World December 02, 2022

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BRUSSELS -- The European Union was edging closer to setting a $60-per-barrel price cap on Russian oil — a highly anticipated and complex political and economic maneuver designed to keep Russia's supplies flowing into global markets while clamping down on President Vladimir Putin's ability to fund his war in Ukraine. EU nations sought to push the cap across the finish line after Poland held out to get as low a figure as possible,... + full article



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