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Added on the 30/11/2017 19:06:48 - Copyright : AFPTV - First images
President of the European Commission Ursula von der Leyen says Russia is losing "around 160 million euros a day" from oil price cap. SOUNDBITE
Speaking at a press conference alongside the EU's High Representative for Foreign Affairs, Josep Borrell, European Commission President, Ursula von der Leyen, reveals a new round of sanctions against Moscow over its latest "escalation" in Ukraine. The new sanctions include a cap on the price of Russian oil and a ban on exports from the country worth seven billion euros ($7 billion). The announcement comes as the Kremlin-installed leaders of Russian-held regions in Ukraine have been claiming victory in what Von der Leyen describes as "sham" referendums on joining the Russian Federation. SOUNDBITE
The European Commission President, Ursula von der Leyen, sets out new sanctions to be imposed on Russia, including a cap on the price of Russian oil and new restrictions on the import of goods to the country worth 7 billion euros. SOUNDBITE
President Donald Trump confirms that the US has agreed to help Mexico meet its commitment to slashing oil production under a global deal to address the petroleum glut. "Mexico is going to cut production by 100,000 barrels per day ... we'd make up the difference, they would reimburse us at a later date," says Trump. SOUNDBITE
US President Donald Trump tells reporters at the White House that he just spoke with Russia and Saudi Arabia about oil production and OPEC, and says they are "getting close to a deal." IMAGES
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