Brussels is racing to avoid a sanctions setback that could allow Russia to earn more from soaring global oil prices.

"Every time we make a sanctions pact, it gets a little harder," said Danish Foreign Minister Lars Lokke Rasmussen.

"I can't offer you any guarantees," the EU's top diplomat Kaja Kallas told the Kyiv Independent when asked if she can offer any guarantee that the price cap on Russian oil will…

EU is 'quite close' to a deal but there are no 'guarantees' package will be approved before Wednesday, says Kallas

EU foreign ministers failed to sign off on 21st sanctions round. Wednesday is the last day to lock in an oil price cap.

BRUSSELS: EU countries were scrambling Tuesday to agree a new round of sanctions on Russia, on the eve of a deadline that could weaken a key measure to tamp down Moscow’s oil…

The EU's 21st sanctions package targets 11 crypto platforms and freezes the Russian oil price cap at $44.10 per barrel ahead of a critical 15 July deadline.

EU countries were scrambling on July 14 to agree a new round of sanctions on Russia, on the eve of a deadline that could weaken a key measure to tamp down Moscow's oil revenues.

Brussels is racing to avoid a sanctions setback that could allow Russia to earn more from soaring global oil prices.

ZEMLJE EU-a pokušavaju se dogovoriti oko 21. paketa sankcija Rusiji prije isteka roka. Neuspjeh bi mogao dovesti do povećanja gornje granice cijene ruske nafte, a dogovor koče…

Bringing Taiwan to the World and the World to Taiwan