EU prolongs oil price cap talks as Russia hints view may soften

Negotiations about the exact composition of the EU’s price cap on Russian oil are dragging out, which suggests views differ among union members.

Photo: Vasily Fedosenko/Reuters/Ritzau Scanpix

By Ewa Krukowska, Alberto Nardelli and Jorge Valero, bloomberg news

European diplomats are locked in negotiations over how strict a price cap on Russian oil should be, revealing divisions in the bloc.

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