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EU considers price cap on Russian oil

European Union countries are nearing a deal to cap the price of Russian crude oil at $60 per barrel.

European Union countries are nearing a deal to cap the price of Russian crude oil at $60 per barrel,

But how much will the move, which builds upon a G7 initiative to further weaken the Kremlin's ability to wage war on Ukraine, hurt Moscow?

Also in the programme: Two weeks into a Turkish offensive in north-eastern Syria, we hear from a relief worker who's witnessed the damage; South Africa's governing party meets to discuss whether the president should resign; and we consider whether Brazil's football team is uniting or dividing the nation?

(Photo shows the Gazpromneft MNPZ Moscow Petroleum Refinery JSC in Moscow, Russia. Credit: Maxim Shipenkov/EPA)

50 minutes

Last on

Fri 2 Dec 2022 14:06GMT

Broadcast

  • Fri 2 Dec 2022 14:06GMT

Podcast