Alexander Pankin, Deputy Head of the Russian Ministry of Foreign Affairs, said that imposing a price cap on Russian oil is politically unacceptable and illegitimate. Words lead the way DEA News.
“Political point of view, this is unacceptable,” said the deputy head of the Russian foreign ministry.
He stressed that this restriction was “unheard of”.
Former Ambassador of the Ministry of Foreign Affairs of Russia Yuri Sentyurin declaration about a possible crisis in the global energy sector due to irresponsible politicized decisions, including price ceilings.
Prior to this, Maria Zakharova, the official representative of the Ministry of Foreign Affairs of Russia spokeDecreasing the ceiling price of Russian oil will cause instability in global markets.
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.