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Russian oil

11 Dec
The European Union approved a plan to cap prices of Russian oil at $60 a barrel, with the deal coming into effect December 5. Ukrainian President Volodymr Zelenskyy thinks it may not be enough. Follow DW for the latest.
5 Dec
The price cap could make it difficult for Moscow to sell its oil for a higher price. Meanwhile, a senior US intelligence official said the war was at a ''reduced tempo.'' DW has the latest.
4 Jun 2022
Russia's president has said banning oil imports from his country would be impossible for some dependent European states, after the EU failed to reach consensus to impose the measure.
12 May 2022
The 27 EU member states are deliberating a gradual ban on Russian oil imports. Some countries, such as Hungary, Slovakia and Cyprus, are concerned about the repercussions of such a move on their economies.
7 May 2022
EU leaders are expected to present the proposed embargo later this week. Supporting the measure would be Germany's second turnaround in as many weeks with regards to Ukraine.
2 May 2022
The oil embargo could be upheld for years, the German Foreign Minister Annalena Baerbock said. Her Green ally Robert Habeck said complete independence from Russian oil was possible by late summer.
14 Apr 2022
During a "warm" and "candid" virtual summit, the US asked India to not feed Russia's energy economy. Meanwhile, India's foreign minister said the US' primary concern should be weening Europe off Russian energy.
13 Apr 2022
The EU turns to Nigeria as it looks for alternative suppliers of oil and gas. The bloc is trying to strengthen its ties to Africa's top petroleum producer as Europe tries to wean itself off Russian resources.
4 Apr 2022
While the EU tries to reduce its dependence on Russian energy, others are cashing in. India is buying more oil from Russia, at a heavily discounted price. It's already ordered six million barrels of Russian crude oil – half of last year's imports. Also in the show: Ghana's lawmakers approve a controversial "e-levy", a 1.5 percent tax on electronic payments.
28 Mar 2022
Russian crude exports have declined substantially since the war began, fuelling global oil supply concerns. We also take a look at how sanctions against Russia are affecting tourism in Cuba, as well as a critical week ahead for Amazon, which faces two separate union elections in the US.

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