Russian Foreign Ministry spokeswoman Maria Zakharova said that lowering the ceiling on Russian oil would lead to instability in global markets. About this diplomat aforementioned at the briefing.
“Expectations of the so-called downward adjustment of ceilings will lead to further escalation and destabilization in global energy markets and the disappearance of remnants of international trade rules,” he said.
Thus, the representative of the Ministry of Foreign Affairs of Russia commented offer Estonia, Lithuania and Poland will lower the ceiling for oil from Russia to $51.45 per barrel.
On December 5 last year, the decision to impose a ceiling price on Russian oil, which was adopted by the EU countries, the G7 and Australia, entered into force and was set at $60 per barrel. From that day on, the EU embargo on the offshore supply of Russian oil also came into effect. Since February 5, imports of Russian petroleum products have been banned, and price limits have also been set for them at $100 and $45 per barrel.
Russia took retaliatory measures against Western sanctions: from February 1, 2023, Russia began to prohibit the supply of Russian oil to countries that support the price ceiling.