The European Union may link the so-called price cap on Russian oil to global market prices. Source: Bloomberg Quote: "Member ...

The European Union took a tentative step closer to a new price-cap regime on Russian oil that would aim to push the price of ...

European Union governments want Brussels to keep secret how they plan to phase out using Russian oil and gas by the end of ...

PRAGUE (Reuters) -Slovakia aims to reach an agreement with the European Commission and EU partners by Tuesday on guarantees ...

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

The European Commission has suggested a floating price cap on Russian oil, targeting 15% below the average market price over ...

Senior diplomat criticizes Organization for Security and Co-operation in Europe for lack of efforts aimed at easing tensions ...

The EU is planning to phase out Russian oil and gas by 2027, requesting that these plans remain confidential. The legislation ...

After Moscow's full-scale invasion of Ukraine, Europe has successfully reduced its dependence on Russian gas. That, experts say, is good for the EU's long-term energy security. Yet cutting Russia ...

Russia’s friends in Eastern Europe say EU plans to end all Russian gas and energy imports are tantamount to “economic suicide” and a threat to energy security.

Russia's invasion of Ukraine in 2022 prompted the EU to ban most seaborne imports of Russian oil, coal and refined petroleum products, but reducing gas flows has proved more difficult.In 2024 ...

Russia's allies in eastern Europe say Brussels plans to end all Russian gas and energy imports in the coming years are tantamount to "economic suicide" and a threat to the region's energy security.