Russia rejects oil price cap agreed by EU, G7

Contributing sentiments towards policy:

47% : Russia has earned 67 billion euros ($71 billion) from the sale of oil to the European Union since the start of the war in February.
42% : In all, more than 90 percent of Russian deliveries to the European Union will be affected, according to the bloc.
39% : The embargo will prevent seaborne shipments of Russian crude to the European Union, which account for two thirds of the bloc's oil imports, potentially depriving Russia's war chest of billions of euros.
39% : Kyiv welcomed the price cap, which stops countries paying more than $60 a barrel for Russian oil deliveries by tanker vessel and is designed to make it harder for Russia to bypass EU sanctions by selling beyond the European Union at market prices.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.