European Commission spokesman Olof Gill said on Monday that the G7 countries will consider lowering the price cap on Russian oil. The Northern EU countries—Sweden, Finland, Denmark, Lithuania ...

U.S. gas prices have been up and down throughout the year and now more uncertainty is on the horizon as a European Union embargo on Russian oil imports kicks in along with a price cap on crude out ...

The European Union’s top diplomat Kaja Kallas said Ukraine’s allies should work toward lowering the price cap on Russian oil in order to deprive the Kremlin of revenue. “I’m really pushing ...