Europe May Lower Russian Oil Price Cap Without U.S., Estonian Premier Says
The European Union is weighing a move to tighten its sanctions regime against Russia by lowering the price cap on Russian oil, and may proceed even without the backing of the United States, Estonian Prime Minister Kaja Kallas said on Tuesday. Speaking at the Brussels Forum, Kallas emphasized that European nations control the main maritime routes through which Russian oil flows—particularly the Baltic and Black Seas—granting them leverage to act independently if necessary.
Europe May Lower Russian Oil Price Cap Without U.S., Estonian Premier Says Read Post »