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EU cautious on Russia gold ban, oil price cap – Michel

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Reuters UK

By Philip Blenkinsop SCHLOSS ELMAU, Germany (Reuters) -The European Union gave a cautious response on Sunday to plans by fellow G7 members to ban imports of Russian gold, and said it needed more certainty before signing up to a U.S. initiative to cap the price of Russian oil. G7 leaders met in southern Germany for a three-day summit from Sunday designed to show their united response to Russia’s invasion of Ukraine four months ago. European Council President Charles Michel was cautious about a plan from Britain, United States, Japan and Canada to ban imports of newly mined or refined Russian go…

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