The price of Russian Ural oil exceeded the $60 per barrel limit set by the G7 countries in July. However, this situation has not yet affected the cargo transportation and insurance services of Western companies. It has been reported Bloomberg.
According to the publication, the share of tankers under the flags of the G7 countries entering Russian ports has dropped slightly to 40% since the beginning of July.
Officially, the price of oil must be below the $60 mark to provide such services under the G7 sanctions. However, in practice, a written confirmation of the purchase at an acceptable price is sufficient.
“We are closely monitoring the market for possible breaches of the price ceiling. It is worth noting that deals over $60 that do not use coalition services do not violate the price cap, and that a significant portion of Russian oil deals still use coalition services, US Treasury spokesperson Megan Upper told the broadcast. .
Experts draw attention to the uncertainty regarding the control of cargo and insurance coverage of transactions made by Western companies in the current environment. Industry representatives complain about the risks associated with the current system.
last week in the west saidHow is Russia bypassing the oil price ceiling?
The EU has already promised. stop It accepts tankers suspected of transporting Russian oil.