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EU Proposes $45 Oil Cap to Curb Russia's Revenue

6/10/2025

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Commission Targets Russian Oil

The European Commission is pushing to lower the price cap on Russian oil to $45 per barrel, a bold step to tighten sanctions and cut into Russia's oil revenue, which fuels a third of its government budget. The G7 will convene to deliberate on this proposal and strategies to combat Russia's shadow fleet.

Center

Trump Sanctions Russia

As President Trump prepares to impose new sanctions on Russia, the U.S. aligns with recent EU efforts aimed at crippling Russian energy exports. Meanwhile, Russia is bolstering its military footprint in Africa, supplying advanced weapons to conflict zones and solidifying its global influence. These developments underscore the escalating geopolitical tensions between the West and Russia.

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Commission Targets Russian Oil

The European Commission is pushing to lower the price cap on Russian oil to $45 per barrel, a bold step to tighten sanctions and cut into Russia's oil revenue, which fuels a third of its government budget. The G7 will convene to deliberate on this proposal and strategies to combat Russia's shadow fleet.

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