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Jan 15 • 07:32 UTC • 🇺🇦 Ukraine • Ukrainska Pravda

EU lowers price cap for Russian oil

The European Union has lowered the price cap on Russian oil to $47.6 per barrel until January 31, reducing it further to $44.1 per barrel starting February 1, while maintaining a transitional period for higher payments until April 2026.

#eu #russian oil #price cap #economy #sanctions
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