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EU said to mull temporary freeze on Russia oil price cap due to Iran war

by theadvisertimes.com
3 weeks ago
in Business
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EU said to mull temporary freeze on Russia oil price cap due to Iran war
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Jun 01, 2026, 3:35 AM ETUBS ETRACS Crude Oil Shares Covered Call ETN (USOI), DBE, DBO, BNO, UCO, SCO, OILK, GUSH, DRIP, USL, USOBy: Jessica Kuruthukulangara, SA News Editor

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The European Union is weighing a temporary freeze on its price cap for Russian oil as the Iran war continues into a fourth month, Bloomberg News reported, citing people familiar with the matter.

The price cap is set every six



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