Expert Jafarli: Russia is facing the consequences of countries that have raised oil prices 00:15

Azerbaijani expert, economist Natik Caferli said that it would be very concrete for them if Moscow tightened its control over the sale of Russian oil to countries participating in the sanctions and ceiling prices. It has been reported DEA News.

According to him, the introduction of a price cap will affect companies that insure and deal with the logistics of Russian oil.

“Recently, the main buyers of Russian oil are China and India, which have increased their oil purchases several times. The average price of Russian Ural oil in December was below $60. Therefore, given the price dynamics in recent weeks, Russia has nothing to lose,” he said.

He added that the Western states that proposed to impose a ceiling price and participated in the decision did not buy Russian tanker oil anyway.

December 27 Russian President Vladimir Putin signed a decree On retaliatory measures to set a ceiling price for Russian oil. It is understood from the decree that the supply of oil and petroleum products from Russia to countries that set ceiling prices in the contract is prohibited.



Source: Gazeta

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