Ursula von der LeyenBluesky

Von der Leyen proposes lowering the oil price cap from 60 to 45 dollars

EU — Ukraine & Russia

What was said

Von der Leyen announces Europe is putting Nord Stream 1 and 2 behind and proposes lowering the oil price cap from 60 to 45 dollars.

Europe is putting Nord Stream 1 & 2 behind for good. We also propose to lower the oil price cap from 60 to 45 $ per barrel. Oil is one third of Russia’s government revenues. We need to cut this source. We'll discuss how to best coordinate with partners at the G7 Summit ↓ europa.eu/!qG9bx3
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