Estonia has threatened to block the European Union's 18th sanctions package against Russia unless it includes a reduction in the price cap on Russian oil. Estonian Foreign Minister Margus Tsahkna emphasized that Tallinn insists on lowering the oil price cap from the current $60 per barrel to $45. This position contrasts with some Mediterranean EU countries that reportedly want to exclude the price cap reduction from the sanctions package. Meanwhile, the European Commission is reportedly considering a new approach involving a floating price cap mechanism for Russian crude oil, which would adjust the cap in line with global oil price fluctuations to sustain pressure on Russia's revenue streams. This proposal is part of the ongoing development of the 18th sanctions package targeting Russia.