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EU to target Nord Stream and Russian oil cap in new sanctions package, FT reports
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EU to target Nord Stream and Russian oil cap in new sanctions package, FT reports
Jun 10, 2025 3:21 AM

June 10 (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.

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