EU Implements New Russia Sanctions and Oil Price Cap After Slovakia's Veto Drop
The EU has lowered the Russia oil cap and imposed new sanctions following Fico's decision to drop his veto, amidst ongoing geopolitical tensions.
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Estonia and Slovakia threaten vetoes over EU sanctions and Russian oil price cap
Estonia may veto the EU's 18th sanctions package against Russia if the oil price cap is not lowered, advocating for a tougher cap from $60 to $45, amid broader international efforts to impose stricter sanctions on Russia due to its ongoing conflict with Ukraine. The US and G7 are also considering additional sanctions, with bipartisan support in the US Senate, to pressure Russia further. Meanwhile, Ukraine continues to seek military aid and peace negotiations amid ongoing Russian attacks.