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10/5, 4:28 AM (Source: TeleTrader)
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EU agrees to cap Russian oil in next sanctions package - report

The European Union preliminarily agreed on the eighth package of sanctions against Russia, which includes a cap on Russian oil, Politico reported, citing seven unnamed diplomats.

The decision on an actual price or a price range of the future cap has not yet been made, the media outlet noted, adding that the United States had suggested this information may "come within weeks."

The final draft of the document is reportedly slated for approval on Wednesday.

Baha Breaking News (BBN) / NL