EUobserver: EU gives Malta oil price ceiling delay

MOSCOW, 5 Oct – PRIME. A new package of EU sanctions against Russia provides for a delay for Malta on the introduction of a ceiling on prices for Russian oil, EUobserver reports citing sources.

Earlier, the Politico newspaper, citing European diplomats, reported that representatives of the EU countries agreed on a new package of sanctions against Russia, including a ceiling on prices for Russian oil.

“Malta has been given a longer period to impose a price ceiling on Russian oil,” writes EUobserver.

In addition, it is noted that as part of the new package of sanctions, Belgium and Italy received some “exceptions” regarding the import of certain types of Russian metal products for up to two years.

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.