Published: Jan 15, 2025, 06:25 IST | Updated: Jan 15, 2025, 06:25 IST
World Business Watch Jan 15, 2025, 06:25 IST
6 EU nations call for lowering $60 Russian oil price cap
After the United States, the European Union is intensifying its efforts to tighten its grip on Russia's oil trade. Six member countries, including Sweden, Denmark, Finland, Latvia, Lithuania, and Estonia, have called on the European Commission to lower the $60 per barrel price cap set by G7 nations on Russian crude oil.