The European Commission held talks with US officials visiting Brussels on Monday 18 December, the day of the publication of the EU’s 12th package of sanctions against Russia (see other news), on the latest developments concerning the Russian oil price cap.
Adopted on 2 December 2022 by the EU Council on the basis of a proposal from the G7 countries and in close collaboration with the ‘Price Cap Coalition’ (see EUROPE B13076A18), this cap on the price of Russian oil exported by...