Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if ...

The US isn’t budging from its opposition to a lower price cap on Russian oil sales, people familiar with the matter said, ...

Israel's attack on Iran and the U.S.'s rejection of tougher oil sanctions could boost Russia's revenues from its key export.

The European Commission’s proposed $45 cap, part of the EU’s 18th sanctions package, would have reduced Russia’s oil export earnings by 11%, or €39.01 billion ($45.1 billion), from December 2022 to ...

The European Union wants to lower a cap on the price of Russian oil to deprive the Kremlin of profits to fund its war in ...

The European Union's foreign policy chief said EU sanctions are enough to hurt Russian oil exports without U.S. help.

Oil prices are set to post a massive daily gain after Israel targeted Iran's nuclear program and killed key military ...

A lower price cap for Russian oil proposed by the European Commission to punish Moscow for its war in Ukraine will not ...

The majority of G7 nations are likely to go it alone on lowering the price cap for Russian oil exports, even if the US opts ...

The 27-nation bloc is struggling to meet a self-imposed deadline to cut Russian imports: Coal purchases are now nearly ...

The European Union proposed banning the Nord Stream pipelines and cutting the Group of Seven oil price cap to $45 as part of ...