11.07.2025, 23:17
The European Union has taken a step towards a new reduction in the ceiling of prices for Russian oil
Source: OREANDA-NEWS
OREANDA-NEWS The European Union has taken a cautious step towards further lowering the ceiling on Russian oil prices. This was reported by Bloomberg, citing sources.
According to him, the member states are considering a new proposal to lower the threshold for Russian oil prices from $ 60 per barrel to $50. It clarifies that the limit can be set at 15 percent below market prices. Their average value for ten weeks will be taken into account.
These proposals are part of the 18th package of sanctions, which is currently being blocked by Slovakia. Bratislava is seeking concessions from Brussels on the issue of phasing out Russian gas. In such a situation, the European Commission is supposedly ready to provide Slovakia with certain guarantees if it removes the veto preventing the adoption of the 18th package of restrictions.
Earlier it was reported that Estonia threatened to block the adoption of another package of EU restrictive measures against Russia if it does not involve lowering the ceiling on Russian oil prices.
According to him, the member states are considering a new proposal to lower the threshold for Russian oil prices from $ 60 per barrel to $50. It clarifies that the limit can be set at 15 percent below market prices. Their average value for ten weeks will be taken into account.
These proposals are part of the 18th package of sanctions, which is currently being blocked by Slovakia. Bratislava is seeking concessions from Brussels on the issue of phasing out Russian gas. In such a situation, the European Commission is supposedly ready to provide Slovakia with certain guarantees if it removes the veto preventing the adoption of the 18th package of restrictions.
Earlier it was reported that Estonia threatened to block the adoption of another package of EU restrictive measures against Russia if it does not involve lowering the ceiling on Russian oil prices.




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