If approved, the measure would prevent European companies from providing key services for transporting Russian oil.
More Americans with diabetes will get a break on their insulin costs in 2024. Sanofi is joining the nation's two other major insulin manufacturers in offering either price caps or savings programs ...
Brussels is considering a radical shift in its sanctions policy that could ban all maritime services for transporting Russian oil, replacing the current price cap mechanism ...
Crude oil prices experienced a modest gain following the European Union's approval of its 18th sanctions package against Russia, specifically targeting its energy industry with a lower price cap and ...
On July 15, 2025, FERC initiated an investigation, pursuant to section 206 of the Federal Power Act (“FPA”), to assess whether the Western Electricity Coordinating Council’s (“WECC”) soft price cap on ...
On July 15, 2025, the Federal Energy Regulatory Commission (FERC or Commission) issued an order 1 proposing to eliminate the soft price cap of $1,000 per megawatt-hour (MWh) for bilateral spot sales ...
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