Ukraine's Allies Agree on Russian Oil Price Cap
Briefly

An elaborate United States-led plan to limit what Russia can charge for its oil exports is set to cap the price of Russian crude at $60 a barrel, European Union diplomats agreed on Friday.The threshold, which was settled on after protracted negotiations, is likely to make a small dent in the Kremlin's energy revenue and, the White House hopes, help avert a global oil shock.
Read at www.nytimes.com
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