Will EU Fertiliser Tariffs Hit Russia's Coffers?
EUROPEAN UNION, JUL 21 – The EU's sanctions aim to reduce Russia's oil revenue by up to $19 billion by lowering the crude price cap and banning imports of refined products from Russian crude.
10 Articles
10 Articles
EU Tightens Russian Oil Cap, But Loopholes Undermine Impact
The ongoing push by EU countries to target Russia’s primary revenue source—oil and gas exports—has received a significant boost. With its 18th sanctions package, the EU has agreed not only to hit Moscow’s energy sector harder but also to impose a significantly lower price cap on Russia’s oil exports. The package faced internal resistance, particularly from Slovakia, which had been blocking the deal over the past week. Slovakia’s current governme…
New European Union sanctions, which include a flexible cap on Russian oil prices, could deprive the Russian budget of every fifth ruble of planned oil and gas revenues.
COMMENTARY: Holes in EU Russia Sanctions Put Attention Back on Trump Oil Threat - Bousso - Energy News, Top Headlines, Commentaries, Features & Events
By Ron Bousso EU sanctions unlikely to impact Russia’s oil revenue severely India and China may continue buying discounted Russian crude Trump’s secondary sanctions could pressure Russia but risk global oil price surge LONDON, July 22 – The European Union’s latest effort to restrict Russia’s oil revenue is unlikely to hurt Moscow’s war effort severely, ...
EU's New Russia Sanctions Package Lowers Price Cap, Targets Sanctions Evaders
The latest EU sanctions package against Russia, adopted last week, lowers the price cap on Russian oil, introduces more import and export restrictions and designates a range of vessels and companies helping Russia move energy products and evade sanctions. ...
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