has stalled just days before the measure is due to come in, thanks to Poland and other countries digging in their heels on the proposed level.
"There is no deal. The legal texts have now been agreed, but Poland still can't agree to the price," a diplomat toldThe EU has discussed a cap of $65-$70 a barrel on Russian oil, but Poland — along with Lithuania and Estonia — has insisted that was too high. The three countries have pushed for a level of $30 a barrel so that Russia wouldn't earn a profit.
The countries haven't set a new date for talks, per Reuters, despite the fast-approaching deadline for the measure on December 5. That's when the EU's embargo on seaborne crude imports is set to come in.
Poland XDDD
Russia should just keep its oil till all the B.S. blows over. screw getting screwed. they just want to make that 37% profit margin. taking advantage of the situation. greed greed greed greed
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukraine President Zelenskyy wants Russian oil price cap as low as $30The EU wants to cap Russian oil around $65 a barrel, but Ukraine President Zelenskyy is pushing for it to be as low as $30 this drama queen puppet does not know how to run a country. Clearly biased publication.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: fox32news - 🏆 547. / 51 Read more »
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Source: mining - 🏆 449. / 53 Read more »
Source: FXStreetNews - 🏆 14. / 72 Read more »