Breaking news...
European Union member states have agreed to put a $60 a barrel price cap on Russian oil after Poland, which was holding out, gave the green light to the deal.

In an effort to reduce the Kremlin’s income from fossil fuels, the EU has agreed to limit the amount that can be paid for seaborne oil to diminish Moscow’s ability to finance its war in Ukraine.

Russian oil is currently selling in the far eastern region for around $55 so not a great discount (none).