Tension still skyrocketing on oil prices. The war in Ukraine is not fought only on the battlefields, but its repercussions also and above all reach the energy front. Indeed, Moscow will not accept a maximum price for Russian oil. While the analysis of this situation is ongoing, the authorities will inform about further decisions based on their conclusions, Dmitry Peskov, press secretary of the President of the Russian Federation, told reporters. “Now we are looking into it. Some preparations were made for such a roof. We are not going to accept this ceiling and how the work will be organized, after the analysis, which will be carried out quickly, we will inform you,” said the Kremlin spokesman.
Last Friday, EU countries agreed on an adjustable maximum price for Russian oil, supplied by sea, at US$60 a barrel, after which the decision must be approved by the EU Council. Similar measures were announced by the G7 countries and Australia.
Source: IL Tempo
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
