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EU’s New Russia Sanctions Aim for More Effective Oil Price Cap
Jul 18 2025 // The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry. The EU will set a moving...
European Commission to Propose Floating Russian Oil Price Cap
Jul 11 2025 // The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said. The...
Finland Accuses Crew of Russia-Linked Ship in Damage of Baltic Undersea Power Cable
Jun 16 2025 // Finnish authorities have accused senior officers of a Russia-linked vessel that damaged undersea cables last year between Finland and Estonia of criminal offenses related to the wreckage. They say the oil tanker, the Eagle...
Most G-7 Members Ready to Lower Russian Oil Price Cap Without US
Jun 12 2025 // Most countries in the Group of Seven nations are prepared to go it alone and lower the G-7 price cap on Russian oil even if U.S. President Donald Trump decides to opt out, four sources familiar with the matter said. G-7...
Insurers Must Pay Up for Jets Seized by Russia, UK Judge Rules
Jun 11 2025 // Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook...
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