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01/12/2022at 15:40

EU closes in on USD 60 price cap for Russian oil as deadline looms

With a Monday deadline approaching, EU member nations appear to be closing in on a price cap on Russian crude oil of USD 60 per barrel, according to sources. Updated.
Photo: Bernadett Szabo/Reuters/Ritzau Scanpix
By Alberto Nardelli, Ewa Krukowska & Jorge Valero, bloomberg news

(Updated at 09.20 with latest information)

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