Envoys will reconvene next week in a bid to prevent the price cap on Russian crude from ratcheting higher at the end of July.

"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.

Bringing Taiwan to the World and the World to Taiwan

EU states are racing to resolve disputes over a new Russia sanctions package before rules could automatically raise the bloc’s oil price cap.

The 21st sanctions package was supposed to be agreed on on July 15, but two EU officials confirmed to the Kyiv Independent that Greece was refusing to compromise on its hardline…

Emergency and temporary measure gives EU until July 23 to find a deal

The Committee of Permanent Representatives of the EU (Coreper) failed on 15 July to make a decision on adopting the EU's new, 21st package of sanctions against Russia and decided…

The next attempt to approve the EU's new package of sanctions against Russia is scheduled for 22 July at a meeting of the Committee of Permanent Representatives of the EU…

Envoys will reconvene next week in a bid to prevent the price cap on Russian crude from ratcheting higher at the end of July.

EU freezes Russia oil price cap for a week. Crude oil reaching a new all-time high by September 30 at 6% YES.

Ambassadors of EU member states again failed to agree on the final content of the 21st sanctions package against Russia, but they did agree to extend the deadline for the price…