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The EU wants to cap Russian oil around $65 a barrel, but Ukraine President Zelenskyy is pushing for it to be as low as $30

1 month ago   |   By Business Insider

Ukrainian President Volodymyr Zelenskyy. Emin Sansar/Anadolu Agency via Getty Images
European governments are in talks for a price cap on Russian oil at around $65, but Ukraine's President Volodymyr Zelenskyy said that's too high.
The proposed limit is artificial, he said, and would like to see instead a price cap of $30 to $40 per barrel, per Reuters.
On Friday, Zelenskyy said a price cap of $70 a barrel is like a "concession" to Moscow.
While European nations weigh a price cap on Russian oil at around $65 a barrel, Ukrainian President Volodymyr Zelenskyy is pushing for about half that...
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