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Europe, Canada and Britain prepared to lower Russia oil price cap without USA

Europe, Canada and Britain prepared to lower Russia oil price cap without USA

News
Adam Button
12/06/2025 | 13:37 GMT
  • Report says they could go it alone
Marge strongly worded letter

It's a bit rich to think there could be any enforcement of the price cap -- which isn't really enforced already -- without the US and its control of the global banking system.

WTI crude is down $1.06 to $67.02 in a retracement of yesterday's rally.

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