Hanse Mina<p>Brussels will propose to lower the current $60 per barrel price cap on Russian seaborne oil during a meeting of G7 finance ministers this week, European Economic Commissioner Valdis <a href="https://mastodon.social/tags/Dombrovskis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Dombrovskis</span></a> said Monday.</p><p><a href="https://www.themoscowtimes.com/2025/05/19/eu-likely-to-propose-lowering-g7-price-cap-on-russian-oil-to-50-per-barrel-a89130" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">themoscowtimes.com/2025/05/19/</span><span class="invisible">eu-likely-to-propose-lowering-g7-price-cap-on-russian-oil-to-50-per-barrel-a89130</span></a></p><p><a href="https://mastodon.social/tags/Ukraine" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Ukraine</span></a> <a href="https://mastodon.social/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Russia</span></a> <a href="https://mastodon.social/tags/EU" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EU</span></a> <a href="https://mastodon.social/tags/G7" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>G7</span></a></p>