The European Union on Friday reached a deal to cap Russian maritime oil at $60 a barrel in an attempt to keep global oil prices down but hit Russia’s top moneymaker amid its war in Ukraine. Under the ...

The Group of Seven nations and Australia agreed Friday to adopt a $60-per-barrel price cap on Russian oil, acting shortly after the European Union reached unanimous agreement on the same price earlier ...

WASHINGTON (AP) — The Group of Seven nations and Australia joined the European Union on Friday in adopting a $60-per-barrel price cap on Russian oil, a key step as Western sanctions aim to reorder the ...

BRUSSELS, July 13 (Reuters) - European Union envoys are on the verge of agreeing an 18th package of sanctions against Russia for its full-scale invasion of Ukraine that would include a lower price cap ...