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Euronews
Euronews
Jorge Liboreiro

Why the EU wants to end the price cap on Russian oil and move to the next stage

The price cap on Russian oil, one of the Western allies' leading initiatives to squeeze Moscow's war chest, might have its days numbered.

In a new package of sanctions, the European Commission has proposed a complete ban on the provision of maritime services to tankers carrying Russian crude, regardless of how much clients pay for the supplies.

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