Greek shipowners face lockout from lucrative Russian trade by lower price cap

Doubts raised over impact of price cap cut as tumbling crude prices attract Greek players back to the market

European Commission President Ursula von der Leyen and foreign policy chief Kaja Kallas lay out their plans for a new Russia sanctions package
European Commission President Ursula von der Leyen and foreign policy chief Kaja Kallas lay out their plans for a new Russia sanctions packagePhoto: Scanpix
Published 11 June 2025, 12:10Updated 11 June 2025, 14:09
RussiaEuropean UnionSanctionsOil price capUS