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EU lowers price cap for Russian crude under new sanctions package

Upworthy Friday, 18 July 2025 ()
The European Union has reached an agreement on a new sanctions package against Russia, which includes a lower price cap for Moscow's crude oil barrels. Within a year of Russia's 2022 invasion of Ukraine, the G7 and EU restricted the price at which non-G7 countries could continue purchasing…
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Video Credit: Oneindia - Published
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