European Union agrees to a $60-per-barrel price cap on Russian oil
The $60 figure sets the cap near the current price of Russia’s crude, which recently fell below $60 a barrel. Some criticize that as not low enough to cut into one of Russia’s main sources of income.
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### Instruction: European Union agrees to a $60-per-barrel price cap on Russian oil

### Response: The $60 figure sets the cap near the current price of Russia’s crude, which recently fell below $60 a barrel. Some criticize that as not low enough to cut into one of Russia’s main sources of income.