A meeting of EU government representatives scheduled for late on November 25 to discuss a Group of Seven (G7) proposal to cap Russian seaborne oil prices was canceled, EU diplomats said. "There was not enough of a convergence of views," one diplomat said. A day earlier, EU governments were split on the level at which to cap Russian oil prices to curb Moscow's ability to pay for its war in Ukraine without causing a global oil supply shock. The cap is to enter into force on December 5. To read the original story by Reuters, click here.
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