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Canada joins EU, UK in Russian oil cap slash
Ottawa will join Brussels and London in lowering the price cap for Russian oil by 12% to make it harder for the Kremlin to fund its ongoing aggression against Ukraine, Canada’s Foreign Minister Anita Anand and Finance Minister François-Philippe Champagne announced amendments to the Special Economic Measures (Russia) Regulations on Sep. 3.
4 September 2025, 09:58 AM