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☆ Western Officials Plan to Warn U.A.E. Over Trade With Russia
  + stars: | 2023-09-04 | by ( Laurence Norman In Berlin | Rory Jones In Dubai | Andrew Duehren In Washington | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/middle-east/western-officials-plan-to-warn-u-a-e-over-trade-with-russia-686ab06c
Persons: Dow Jones, 686ab06c Locations: russia
☆ G-7 Opposes Lowering Russian Crude Price Cap From $60 a Barrel
  + stars: | 2023-03-15 | by ( Laurence Norman In Berlin | Andrew Duehren In Washington | Laurence Norman | ) www.wsj.com   time to read: 1 min
President Biden meets with European Commission President Ursula von der Leyen at the White House in Washington last Friday. The Group of Seven advanced democracies want to keep the price cap on Russian crude at $60 a barrel, according to people familiar with the matter, thwarting hopes in some European capitals of tightening the Western sanctions this month. European Commission officials warned the bloc’s member states about the G-7 position, saying that President Biden had told European Commission President Ursula von der Leyen in the Oval Office of the White House last week there was no appetite in Washington for adjusting the oil sanctions, according to the people familiar with the matter.
☆ Russia Bans Sales of Oil to Countries Imposing Price Cap
  + stars: | 2022-12-27 | by ( Ann M. Simmons In Moscow | Andrew Duehren In Washington | David Uberti In New York | ) www.wsj.com   time to read: 1 min
Russia on Tuesday banned the sale of its oil and petroleum products to countries that impose a price cap on them in a move that threatened more uncertainty ahead for global energy markets. Moscow’s move was a response to an agreement by the U.S. and its allies to bar the shipping, financing or insuring of seaborne Russian crude unless it is sold for $60 a barrel or less—a sanction leveled in response to Russia’s invasion of neighboring Ukraine.
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