Financial News
CNBC

EU lowers price cap for Russian crude under new sanctions package

Why This Matters

EU policymakers on Friday signaled that the price at which non-G7 countries could purchase Russian crude and access G7 logistics services has been lowered.

July 18, 2025
09:39 AM
4 min read
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  • Financial sector news can impact lending conditions and capital availability for businesses

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  • Could this financial sector news affect lending conditions and capital availability?

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