The United States is blocking European efforts to cut the G7 price cap on Russian oil from $60 to $45 per barrel, frustrating EU and UK attempts to ramp up pressure on Moscow’s war financing, Bloomberg reports.
The United States is blocking European efforts to cut the G7 price cap on Russian oil from $60 to $45 per barrel, frustrating EU and UK attempts to ramp up pressure on Moscow’s war financing, Bloomberg reports.