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🚫 The EU will not lower the price cap on Russian oil from $60 to $45 per barrel due to lack of G7 support, say anonymous EU diplomats. The proposed cut was part of the EU’s 18th sanctions package against Russia but is unlikely to move forward.

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— NOELREPORTS (@noelreports.com) 16 June 2025 at 13:06

Lack of US support*

Learning to never count on the EU to do anything tough.