US economist Alhaji says Russia’s oil ceiling will cost the West dearly

American economist and energy expert Anas Alhaji warned the G7 countries of the serious consequences of imposing limits on oil from Russia. wrote this about him excitement.

“Do people realize how expensive it would be to put a ‘theoretical’ ceiling on Russian oil prices?” He asked.

Alhaji noted that the American and European taxpayers will suffer the most from this situation, because the costs of energy carriers will increase due to the increase in delivery costs.

The economist also pointed out that in order to impose a price cap, the G7 countries would have to hire 87,000 inspectors, which would ensure that every document is filled in correctly and that every bank transaction meets the requirements.

Aleksey Belogiev, formerly Vice President of Energy and Finance Institute (IEF) declarationHe said that Russian gas is currently one of the cheapest gases in both Europe and the world, and there is no reason for EU countries to limit prices for it at the moment.




Source: Gazeta

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