Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

G7 plan price cap on Russian crude oil

Photo: Reuters

The G-7 is considering the possibility of imposing a price cap on Russian crude oil, transported by sea, in the range of 65-70 US dollars per barrel, BTA reported. The topic was also discussed with the representatives of the 27 EU Member States with the idea of reaching a common position. Opinions in the EU vary, with some countries calling for much lower prices and others for higher ones. The purpose of the discussions is to introduce a price cap on Russian oil exported by sea, which will come into force on December 5. The decision is part of sanctions that are supposed to limit Russia's revenue from oil exports so that it has less money to finance its military actions in Ukraine.

Meanwhile, work on restoring electricity supply started in a number of regions in Ukraine, after three out of four operating nuclear power plants in the country were disconnected from the electricity grid. In many places, including the capital city of Kyiv, work is focused on repairing critical infrastructure. In the region of Zaporizhzhia, electricity has been restored. According to the Ministry of Energy, in addition to the nuclear power plants, many of the thermal power plants and hydropower plants were also disconnected from the network, which aggravated the situation even further.

After the Russian missile attack yesterday, 80% of households in Kyiv do not have water and electricity, BTA informs. The television broadcast network, the electricity transmission network and the water supply have been affected. Electrified buses do not run due to power shortages and metro trains run at long intervals. There is also a problem with the Internet connection throughout Ukraine. In places where web access is available, mobile operators complain of capacity overload. Power and water supply in the city are expected to be restored today.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Dorothea Nikolova

What were the most popular words of 2024? A BNR platform seeks the answer

What were the most popular words in 2024? From Monday 6 January, Bulgarian National Radio's literacy platform Kak se Pishe ("How do you spell it?") will start collecting answers to this question from BNR listeners and website followers. They will have..

published on 1/4/25 4:05 PM

EUR 74 million worth of COVID-19 vaccines thrown away

Vaccines against Covid-19 worth more than BGN 145 million (EUR 74 million) were discarded between 2022 and 2024 , according to an answer to a parliamentary question by acting Health Minister Galia Kondeva. This includes more than 5 million doses of..

published on 1/4/25 2:44 PM
Dimitar Glavchev

PM orders Ruse border traffic to be reorganised

Acting Prime Minister Dimitar Glavchev has ordered immediate measures to ensure smooth border crossing at Ruse, the Council of Ministers' press service said. The reorganisation of traffic is necessary to avoid bottlenecks and to apply the Schengen..

published on 1/4/25 10:25 AM