The European Union will not unilaterally reduce the price cap on Russian oil from US$60 to US$45 per barrel, as this initiative is unlikely to be supported by the Group of Seven (G7). Source: two ...

BRUSSELS (AP) — The European Union wants to lower a cap on the price of Russian oil to deprive the Kremlin of extra profits to fund its war in Ukraine as part of a new raft of sanctions aimed at ...

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Two months ago, 25-year-old Ilia Chernov beat long odds and convinced an immigration judge to grant him political asylum in the U.S. Normally, that finding would have been enough for Chernov to ...