According to the report, EU member states are considering a proposal to lower the cap for Russian oil, which is currently set at $60 per barrel. Brussels is also proposing an automatic price cap review every three months based on market conditions.

The EU's top diplomat on Friday slammed Russia's latest blitz on Ukraine as "unacceptable", saying the 27-nation bloc was pondering a

Ukraine has received more than $18.5 billion from frozen Russian assets this year, directing the money toward swift recovery projects, Prime Minister Denys Shmyhal said.