Estonia warns it will veto EU price cap on Russian oil

Estonia warns it will veto EU price cap on Russian oil

The proposed $65-$70 per barrel limit has been called “too generous” for Moscow by Poland and the Baltic states A price cap on Russian oil proposed by the European Commission is too high and may be blocked by Estonia, Minister of Foreign Affairs Urmas Reinsalu said on Thursday, as quoted by Estonian state broadcaster ERR.

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