Categories: News

Iran calls oil price cap a ‘shot’ on G7 energy security

2022-10-14T08:32:00+03:00

2022-10-14T08:49:35+03:00

2022-10-14T08:32:00+03:00

2022

https://1prime.ru/oil/20221014/838463701.html

Iran calls oil price cap a ‘shot’ on G7 energy security

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The G7 countries damage their own energy security by limiting prices for Russian energy carriers, Iranian Deputy Oil Minister Ahmad… PRIME, 10/14/2022 told RIA Novosti

oil, energy, economy, world economy, news, russia, g7, sanctions against russia, oil prices

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Economic Information Agency PRIME

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Economic Information Agency PRIME

7 495 645-37-00

Federal State Unitary Enterprise MIA “Russia Today”

https://russiatoday.rf/awards/

Economic Information Agency PRIME

7 495 645-37-00

Federal State Unitary Enterprise MIA “Russia Today”

https://russiatoday.rf/awards/

Economic Information Agency PRIME

7 495 645-37-00

Federal State Unitary Enterprise MIA “Russia Today”

https://russiatoday.rf/awards/

Iran calls oil price cap a ‘shot’ on G7 energy security

MOSCOW, 14 Oct – PRIME. The G7 countries damage their own energy security by limiting prices for Russian energy carriers, Ahmad Asadzadeh, deputy head of the Iranian oil ministry, told RIA Novosti.

Iran announced its readiness for swap supplies of Russian gas

“This is a shot at their own energy security,” he said.

Asadzade stressed that Iran has been living under sanctions restrictions for forty years and was able to benefit from them, including by learning how to produce its own equipment. “In my opinion, the steps taken against Russia will also benefit the Russian Federation,” the deputy minister said.

According to him, the time for unilateral approaches is long gone, so measures like those of the G7 will no longer work.

Iran announced the expansion of cooperation with Russia in the field of energy

On September 2, the finance ministers of the G7 countries confirmed their intention to impose a price limit on Russian oil and oil products. It is expected that the measures will be taken in three stages: for crude oil, they will come into force as early as 5 December.

The US Treasury suggested that the ceiling could be $60 per barrel.

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