EU agrees on Russian oil price cap: Will it make a difference? - DW News.

European Union countries have agreed to put a cap on the price of Russian oil - currently at 60 dollars a barrel. The move aims to reduce Moscow's ability to fund its war in Ukraine with revenue from petroleum exports.
The EU joins the United States and other G7 nations in sanctioning Russian oil, which recently traded at about 65 dollars a barrel. The measure will come into effect on Monday, and intensifies Western pressure on the Kremlin over its invasion of Ukraine. European Commission President Ursula von der Leyen said the price cap would have a wide range of implications.

Subscribe: www.youtube.com/user/deutschewelleenglish?sub_confirmation=1

For more news go to: www.dw.com/en/
Follow DW on social media:
►Facebook: www.facebook.com/deutschewellenews/
►Twitter: twitter.com/dwnews
►Instagram: www.instagram.com/dwnews
►Twitch: www.twitch.tv/dwnews_hangout
Für Videos in deutscher Sprache besuchen Sie: www.youtube.com/dwdeutsch

#Russia #EU #Oil

Watch video on channel "DW News"
Syria asks EU for assistance as total earthquake deaths near 12,000 - DW News.

Syria asks EU for assistance as total earthquake deaths near 12,000 - DW News.

The death toll from the earthquakes that struck Turkey and Syria this week has climbed to almost 12 thousand.  Rescue and recovery is top priority and nations are rushing aid to the region. But for Syria the story is complicated:  Western sanction...

Kremlin propaganda targets Latvia's Russian-speaking minority - DW News.

Kremlin propaganda targets Latvia's Russian-speaking minority - DW News.

Latvia has a sizeable Russian speaking minority -- a legacy of the time when Latvia was part of the Soviet Union.  They have been a target of the Kremlin's propaganda machine in a bid to undermine support for Ukraine.  Our reporter Killian Bayer v...

Ex Chinese military officer says US shouldn’t make fuss - DW News.

Ex Chinese military officer says US shouldn’t make fuss - DW News.

Retired Senior Colonel Zhou Bo told DW that the errant Chinese balloon was an accident, and that Washington should stop over-reacting to what was an honest mistake. The balloon which Washington said was likely gathering intelligence, has been desc...

Prosecutors: Putin played active role in shooting down flight MH17 - DW News.

Prosecutors: Putin played active role in shooting down flight MH17 - DW News.

In an update today, prosecutors said they had quote 'strong indications' that Putin offered missiles to pro-Russian rebels, but said they did not have evidence that he ordered the attack. The plane was shot down by a Russian anti-aircraft missile ...

Zelenskyy urges Western partners to send Ukraine fighter jets - DW News.

Zelenskyy urges Western partners to send Ukraine fighter jets - DW News.

In an address to the UK parliament, Ukrainian President Volodymyr Zelenskyy has repeated his appeal for more western weapons as Kyiv braces for a potential Russian offensive this spring. Zelenskyy is making just his second trip abroad since Russia...