Categories: News

The United States and its allies will impose a limit on the cost of Russian oil by December 5

WASHINGTON, Sep 8 – PRIME The United States and its allies will impose a cap on the price of Russian oil by Dec. 5, Deputy Treasury Secretary Wally Adeyemo said Thursday.

Indonesian Ambassador: Oil price ceiling idea will work if Russia agrees

“We plan to introduce a ceiling on the price until December 5, when the sixth package (of sanctions) of the EU will come into force. And it will be introduced by the United States, the G7 allies and a number of other countries that have agreed to join this coalition,” the spokesman said. departments on air Yahoo Finance.

He recalled that in accordance with the sixth package of sanctions, the G7 countries will refuse to import Russian oil from December 5, and will also stop serving transit imports of Russian oil. “The price limit will create a situation for Russia to continue to send its oil using the services of the G7, but only on the condition that it is sold at a certain price,” said a spokesman for the US Treasury.

The leaders of the G7 countries (Great Britain, Germany, Italy, Canada, the USA, France and Japan) at the summit on June 26-28 confirmed their intention to reduce dependence on energy from Russia and tentatively agreed to start limiting prices for Russian oil and gas. At the beginning of July there were proposals to set the limit at half the current price. According to Bloomberg, figures of $40-60 are being discussed.

Deputy Prime Minister of the Russian Federation Alexander Novak said that the idea of ​​limiting oil prices is completely absurd, Russia will not supply oil and oil products to those countries that support it. He added that the introduction of restrictions on Russian oil prices would destroy the market, and other producers also did not respond positively to such an initiative.

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