The price cap imposed on Russian oil by the G7 countries is not working as intended, US Treasury Secretary Janet Yellen said on Friday, as quoted by Bloomberg. She said market prices for crude exported from the sanctions-hit nation remain high. A $60-per-barrel price ceiling on Russian seaborne crude was ...
Ukraine will raise transit fees for Russian oil running via the Druzhba pipeline through its territory to the EU on January 1, Russian oil exporter Transneft announced on its website on Monday. It is expected that Kiev will increase tariffs for transporting crude to Hungary and Slovakia by €2.10 per ...
