Iran Crisis Forces EU Rethink on Russian Oil Caps
Edited By WION Video Desk
Published: Jun 01, 2026, 11:31 IST | Updated: Jun 01, 2026, 11:31 IST
The European Union is now considering putting its own sanctions mechanism on pause, and the reason is the surge in oil prices due to the war in West Asia. According to a Bloomberg report, Brussels is weighing a temporary freeze on its price cap on russian oil.
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