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Western countries implement Russian oil price cap as pressure over Ukraine mounts for Putin
Credit: Sky News- Published on December 5, 2022
Western countries have begun imposing a $60-per-barrel price cap and ban on some types of Russian oil as part of new measures to put further pressure on Moscow in light of its ongoing invasion of Ukraine.
Video credit: euronews (in English)
Published on December 6, 2022 - 02:30
Russian oil price cap not meant to disrupt international markets, says Timmermans
An EU ban on oil imports from Moscow also came into effect on Monday.
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Country in Eastern Europe
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President of Russia (1999–2008, 2012–present)
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