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Ukraine’s Allies Struggle to Agree on Plan to Curb Russia’s Oil Revenue

Embargoes and Sanctions Group of Seven Oil (Petroleum) and Gasoline Russia Russian Invasion of Ukraine (2022)

Ukraine’s Allies Struggle to Agree on Plan to Curb Russia’s Oil Revenue

The policy must be in place before an E.U. embargo on Russian oil imports kicks in on Dec. 5. The talks are set to resume next week.

By Matina Stevis-Gridneff Jim Tankersley and Alan Rappeport

EU Nears Cap on the Price of Russian Oil

Embargoes and Sanctions Group of Seven International Relations International Trade and World Market Oil (Petroleum) and Gasoline Russian Invasion of Ukraine (2022)

EU Nears Cap on the Price of Russian Oil

E.U. diplomats aim to agree on a price this week, clearing the way to enforce the measure before a Dec. 5 deadline.

By Matina Stevis-Gridneff and Alan Rappeport

US Extends Enforcement of Sanctions on Russian Oil Deliveries to January

Biden, Joseph R Jr Embargoes and Sanctions Europe European Union Group of Seven International Relations International Trade and World Market Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Russia Russian Invasion of Ukraine (2022) United States

US Extends Enforcement of Sanctions on Russian Oil Deliveries to January

No decision has been made on the price of the oil cap, which will take effect in five weeks.

By Alan Rappeport

War Colliding With Recession Risks Leave Energy Markets on Uncertain Path

Energy and Power European Union Group of Seven International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Russian Invasion of Ukraine (2022) Strategic Petroleum Reserve (US) War and Armed Conflicts

War Colliding With Recession Risks Leave Energy Markets on Uncertain Path

Russia’s invasion of Ukraine, along with governments’ reactions to that, might mean that prices rise. Or they could fall on fears of a global economic slowdown.

By J. Alex Tarquinio