EU countries agree to introduce oil price ceiling, Poland says

WARSAW, Oct. 3 — PRIME. The EU countries have agreed to set a ceiling on oil prices from Russia as another sanction, Polish Ambassador to Brussels Andrzej Sados told reporters, whose speech was broadcast on Polish television.

“I would not like to disclose in detail the issues discussed behind closed doors. We are talking about the G7 proposal to determine the maximum price for Russian oil,” Sados said, answering a question from journalists about agreeing on the parameters of a new package of sanctions.

According to him, the exact level of this price will be set “on the principle of unanimity” and may vary depending on world quotes.

At the same time, the EU countries failed to agree on the inclusion of diamonds from Russia in the number of sanctioned goods, the Polish ambassador said.

“Unfortunately, diamonds are the defeat of one country, one city in the EU,” Sados said, referring to the resistance of Belgium, whose Antwerp is considered the diamond capital of the world.

“It is difficult to explain from an ethical point of view why diamonds should be excluded from the sanctions lists,” he added.

Earlier, Leonid Khazanov, an independent expert in the field of industry and energy, shared his opinion with RIA Novosti that limiting the supply of rough diamonds from Russia would deprive Belgian cutting factories of raw materials, which in turn would affect local traders.

The West stepped up sanctions pressure on Russia over Ukraine, which led to higher prices for electricity, fuel and food in Europe and the United States. Russian President Vladimir Putin has previously stated that the policy of containing and weakening Russia is a long-term strategy for the West, and sanctions have dealt a serious blow to the entire global economy. According to him, the main goal of the West is to worsen the lives of millions of people. The Russian Federation has repeatedly stated that Russia will solve all the problems that the West creates for it.

After the start of the special operation in Ukraine, the West stepped up sanctions pressure on Russia, which led to an increase in prices for electricity, fuel and food in Europe and the United States. Russian President Vladimir Putin said that the policy of containment and weakening of Russia is a long-term strategy of the West, and the sanctions dealt a serious blow to the entire global economy. According to him, the main goal of the West is to worsen the lives of millions of people.