Putin's Threat and US Nudge Makes EU Soften Oil Price Cap on Russian Oil Europe Energy Crisis

Putin's Threat and US Nudge Makes EU Soften Oil Price Cap on Russian Oil Europe Energy Crisis Putin was very clear any country participating in the price cap won t get Russian fuels This threat seems to have struck a chord of fear in Europe The European Union has now watered down its latest sanctions proposal There is a sense among Ukraine s allies that the absence of Russian fuels especially oil from global markets will have a devastating impact on crude prices

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