The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with a full maritime services ban in a bid to reduce the oil revenue that helps finance ...

The Group of Seven nations and the European Union are considering replacing a price cap on Russian oil exports with a ...

The G7’s proposed plan to bar tankers from hauling Russian oil hinges on whether governments will ratchet up punishments on ...

The G7 and EU are mulling replacing the Russian oil price cap with a ban on maritime services for Russian oil exports to hit ...

The G7 and EU are considering replacing the price cap on Russian oil exports with a full maritime services ban to cut ...

Russia exports more than one-third of its oil using Western tankers—mainly to India and China—along with Western shipping ...

Although the G7 and the EU have all but stopped importing Russian oil since 2022, the new measure would be the closest to a ...

The policy was of dubious effectiveness from the start. It's now anachronistic and undermines the European sanctions mission ...

The G7 countries and the European Union are negotiating to replace the price cap on Russian oil exports with a complete ban ...

Japan joins the EU in cutting the price cap on purchases of Russian oil to $47.60 per barrel, in a move effective Friday and aimed at punishing Russia over the war in Ukraine, yet unlikely to affect ...