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

It will be a sunny weekend with scattered clouds and a chance of light rain

Early on Saturday, temperatures will range from 11 to 20°C , with a minimum of 11°C in Sofia. There will be low cloud cover and reduced visibility in the lowlands and river valleys in the morning.  The day will be mostly sunny with scattered clouds...

published on 9/12/25 7:05 PM

Sofia City Court rules to keep Varna mayor Blagomir Kotsev in detention

The Sofia City Court rejected Varna Mayor Blagomir Kotsev's request to amend his preventive measure of "detention in custody" and remanded him in custody, BTA reported. The ruling is not final and is subject to appeal. Sofia City Court receives..

published on 9/12/25 6:16 PM

Drone has been found on the North Beach in Bulgaria's Burgas

A drone surfaced today on the North Beach in Burgas, a Bulgarian National Radio team reported. According to senior rescuer Petar Rusev, the machine was spotted in an unguarded area of ​​the beach in the direction of Solnitsei. The signal for a..

published on 9/12/25 6:10 PM