European Commission Trade Commissioner Valdis Dombrovskis: The EU will propose to the G7 finance ministers this week to lower the price cap on Russian seaborne oil, or propose setting the price cap at $50 per barrel.

2025-05-19

European Commission Trade Commissioner Valdis Dombrovskis: The EU will propose to the G7 finance ministers this week to lower the price cap on Russian seaborne oil, or propose setting the price cap at $50 per barrel.