Framing Analysis
EU ambassadors reached agreement on the 21st sanctions package targeting Russia, including a 12-month freeze of the oil price cap at $44 per barrel and blacklisting of 30 shadow-fleet vessels. The package also grants a renewable one-year exemption for Russian LNG transfers to third countries. U.S. Secretary of State Marco Rubio met Russian Foreign Minister Sergei Lavrov during the ASEAN summit in Manila.