EU diplomats said the floating cap would be recalibrated every three months based on the 10-week average of global prices, ...

Maximilian Hess, a fellow at the Foreign Policy Research Institute, told The Times that the proposed 500% tariff, as written, ...

In its next sanctions package, the European Union is planning a mechanism to dynamically adjust the price cap on Russian oil in response to market fluctuations, Bloomberg reported on July 11.

The proposed price cap would be set at 15% below the market rate based on a 10-week average, lowering the threshold to $50 ...

If the Trump administration's decisions on ecomonic sanctions moving forward are consistent with the harsher-than-expected tariff rates we've seen announced this week, then there is a "small but poten ...

Even before a Russian attack drone murdered an innocent 1-year-old Wednesday and highlighted Vladimir Putin’s savagery, ...

The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...

Oil futures posted gains for a second straight week as the market shrugged off higher OPEC+ production plans, a second large weekly build in U.S. crude oil stocks and the return of U.S. tariff wars to ...

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

New Delhi: Minister of Petroleum and Natural Gas Hardeep Singh Puri said on Friday that India’s purchases of Russian crude ...

The EU's top diplomat on Friday (July 11, 2025) slammed Russia's latest blitz on Ukraine as "unacceptable", saying the ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...