Friday, May 8, 2026
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Tag: oil price cap

South Korea lifts coal cap, hikes nuclear output

SEOUL – South Korea’s ruling party said on Monday the country will lift a cap on coal-powered generation capacity set at 80 percent and...

EU okays 18th round of Russia sanctions

BRUSSELS – EU countries on Friday agreed to a new package of sanctions on Russia over the war in Ukraine, including lowering a price...

Russia denounces oil price cap agreed by EU, G7 countries

Kyiv, Ukraine—Russia on Saturday denounced a $60 price cap on its oil agreed by the EU, G7 and Australia, even as Ukraine suggested it...
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