Putin signs new decree on Russian oil price peak

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Russian President Vladimir Putin extended the measures implemented by Moscow in retaliation for the ceiling price on Russian oil and petroleum products until December 31, 2023. corresponding document Published on the legal proceedings portal.

In December last year, the Russian leader issued a decree banning the supply of oil and petroleum products from the Russian Federation to foreign persons if the contracts directly or indirectly refer to the use of a price cap introduced by hostile states. The relevant decree entered into force on 1 February 2023.

The period of retaliatory measures expired on July 1, 2023, the new document states December 31, 2023.

Putin in November last year approved A list of more than 190 equipment manufacturers, as well as companies providing services for the fuel and energy complex, trading in foreign shares is prohibited.

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