On Friday, the EU’s energy policy chief told that the bloc expected to have its regulations completed before introducing a G7 plan to cap the price of Russian crude oil on December 5. EU energy commissioner Kadri Simson said, “Our sanctions will cover crude for EU member states, so we will not buy Russian crude oil starting from December 5 and we covered the possible oil price gap for international buyers with our eighth package of sanctions.”

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Emirates to start Dubai-Tel Aviv daily flights

Dubai: It emerged on Thursday that Emirates will be starting daily flights…