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rshereme Avatar Roman Sheremeta 🇺🇸🇺🇦 @rshereme on x 81.9K followers Created: 2025-07-20 04:10:09 UTC

The UK is tightening the screws on Russia’s oil profits.

Starting X September 2025 at 23:01 (UK time), the price cap on Russian oil will drop from $XX to $XXXXX per barrel.

The British government says the move will directly impact Russia’s oil revenues, which were already down XX% year-on-year as of May.

To allow for adjustment, British firms will get a 45-day transition period for pre-deadline contracts — ending XX October at 23:01.

Another step toward draining the Kremlin’s war chest.

XXXXXX engagements

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