EU extends oil price cap and imposes new sanctions on Russia. Crude oil reaching a new all-time high by December 31 at 20.5% YES.

EU freezes Russian oil price at $44.10 per barrel for 12 months. New all-time high in crude oil by September 30 at 6.7% YES.

European Union countries on Thursday agreed a new watered-down round of sanctions on Russia over the Ukraine war after weeks of haggling, freezing the...