EU reaches deal for $60/b price cap on Russian crude ahead of G7 deadline | S&P Global Commodity Insights
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![European Commission on X: "Today's package marks the beginning of the implementation within the EU of the G7 agreement on Russian oil exports. This oil price cap will reduce Russia's revenues and European Commission on X: "Today's package marks the beginning of the implementation within the EU of the G7 agreement on Russian oil exports. This oil price cap will reduce Russia's revenues and](https://pbs.twimg.com/media/FeYB96nXEAAefby.jpg)
European Commission on X: "Today's package marks the beginning of the implementation within the EU of the G7 agreement on Russian oil exports. This oil price cap will reduce Russia's revenues and
![Infographic: Oil price cap, EU sanctions on Russia poised to further shake up global oil flows | S&P Global Commodity Insights Infographic: Oil price cap, EU sanctions on Russia poised to further shake up global oil flows | S&P Global Commodity Insights](https://www.spglobal.com/platts/PlattsContent/_assets/_images/latest-news/110922-infographic-oil-price-cap-eu-sanctions-on-russia-poised-to-further-shake-up-global-oil-flows.jpg)