HomeEconomyEU reaches agreement on price cap for Russian oil products

EU reaches agreement on price cap for Russian oil products

EU ambassadors agreed on Friday to cap the price of Russian oil products.

The European Union reached an agreement on Friday on a maximum price for Russian oil products, the Swedish EU presidency announced in a tweet.

“EU ambassadors today approved the price cap for Russian petroleum products ahead of final adoption by the European Council,” Swedish officials tweeted on behalf of their country, which holds the EU’s rotating presidency. It is an “important agreement that is part of the ongoing response by the European Union and its partners to the Russian war of aggression against Ukraine.”

>> More information to come on BFM Business in a few moments. You can also watch BFM Business live on video and Follow us on Twitter.

Author: LP with AFP
Source: BFM TV

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