EU proposes freezing Russian oil price cap to prevent windfall for Kremlin’s war chest
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Source: Politico
Published: 2026-06-09 22:14 UTC+10:00
Section: Benchmarks
Factuality Score: 100
Opinion Category: Neutral
Topics: Europe, Military & Defence, Ukraine/Russia, Energy, Elections, World News, War & Conflict
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Snippet:
BRUSSELS — The EU will propose freezing the adjustment mechanism in its oil price cap on Russian crude to prevent it from rising with global benchmarks, European Commission President Ursula von der Leyen said on Tuesday.
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