EU weighs cap on price paid for Russian oil as way to hit Kremlin revenues – FT

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EU weighs cap on price paid for Russian oil as way to hit Kremlin revenues – FT
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EU weighs cap on price paid for Russian oil as way to hit Kremlin revenues – FT Eurozone Oil RussianFederation Ukraine EURUSD

eiling on what they would pay for Russian oil as a way to hit Kremlin revenues, the Financial Times reported, citing one person familiar with the conversations.“[The talks are about] finding the best way to deny [Putin] the revenue that he needs.”

Italy is among the member states to have spoken in favor of seeking to cap on the price of Russian energy. But Germany remains sceptical, noting, “trying to set a price would be difficult, and also in breach of contract.”is consolidating the previous downside above 1.0700, awaiting a fresh catalyst for the next push lower.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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