(Reuters) -The European Commission is to propose lowering the Russian oil price cap and banning the use of Nord Stream infrastructure as part of a fresh round of sanctions against Moscow, the
EU Proposes New Sanctions Targeting Nord Stream and Russian Oil
(Reuters) -The European Commission is to propose lowering the Russian oil price cap and banning the use of Nord Stream infrastructure as part of a fresh round of sanctions against Moscow, the Financial Times reported on Tuesday.
The package will include lowering the existing oil price cap from $60 to $45 per barrel, as well as banning the use of Russian energy infrastructure, including the two Nord Stream pipelines, the report said citing three people familiar with the proposal.
Reuters could not immediately confirm the report.
(Reporting by Mrinmay Dey in Bengaluru; Editing by Sharon Singleton)
