US national security adviser Jake Sullivan said the Group of Seven (G7) and the collective West in other channels discussed the possibility of setting a ceiling price for oil purchased from Russia. TASS.
“They (consultations. – socialbites.ca) go through many channels. But one of the channels is the G7 Sherpa channel. Let’s see what kind of progress we make,” Sullivan said.
Former United States President Joe Biden declarationWestern countries are discussing the possibility of buying oil at a lower price, rather than refusing to import it from the Russian Federation. According to him, in this case Russia will retain the ability to export oil, but at a price significantly lower than the market price.
Prior to that, analyst Robert Rapier wrote in his article for the American portal OilPrice WroteHe said that despite sanctions designed to harm the Russian economy, Russia’s oil and gas revenues hit another record high.
On February 24, Russian President Vladimir Putin announced that he had decided to organize a military special operation in Ukraine in response to a request for assistance from the heads of the LPR and DPR. The decision to run the operation was the reason for new sanctions against Russia by the United States and its allies.
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Source: Gazeta
Barbara Dickson is a seasoned writer for “Social Bites”. She keeps readers informed on the latest news and trends, providing in-depth coverage and analysis on a variety of topics.