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A service for energy industry professionals · Thursday, June 19, 2025 · 823,885,024 Articles · 3+ Million Readers
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  • Published on June 19, 2025 - 17:42 GMT

    EU Delays Lowering Price Cap on Russian Oil

    (MENAFN) The European Union has reconsidered its plan to decrease the price ceiling on Russian seaborne oil sales, European Commission President Ursula von der Leyen announced, according to a news agency. This initiative was meant to be a key element in …

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  • Published on June 19, 2025 - 17:37 GMT

    Kremlin assures EU’s push to attack Russian oil ship-outs will have consequences

    (MENAFN) The Kremlin has cautioned that the European Commission’s efforts to reduce the price cap on Russian oil exports may trigger instability in global energy markets. Kremlin spokesperson Dmitry Peskov made the remarks on Wednesday in response to …

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