EU Commission President Ursula von der Leyen made the announcement as she presented the bloc’s 21st package of sanctions on Moscow. ENERGYWIRE | BRUSSELS — The EU will propose freezing the adjustment mechanism in its oil price cap on Russian crude to prevent it from rising with global benchmarks, European Commission President Ursula von der Leyen said on Tuesday. That would stop Russia from benefiting from the rise in oil prices resulting from Iran’s closure of the Strait of Hormuz.