#price-cap
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EU May Freeze Russian Oil Price Cap Amid Mideast Conflict
The European Union may freeze its price cap on Russian oil due to the Middle East conflict. The current cap is $44.10 per barrel, with alternatives including a $60 G7-aligned limit.
EU considers freezing Russian oil price cap
The EU is debating freezing its Russian oil price cap amid rising crude prices from the Middle East war. A decision is expected in June.
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