• Europe is scrambling to put a price cap on Russian oil after Putin stepped up threats over Ukraine, report says

    10 days ago - By Business Insider

    Russian president Vladimir Putin accused the west of nuclear blackmail in an address to the country Wednesday. Getty Images
    Members of the European Union are working to implement a price cap on Russian oil, according to Bloomberg.
    Vladimir Putin threatened to strike back against what he sees as western nuclear threats Wednesday.
    The price cap will likely feature in new sanctions packages, sources said.
    European countries are rushing to agree a deal to put a price cap on Russian oil after President Vladimir Putin ramped up Moscow's aggression in its war on Ukraine, according to a Bloomberg...
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