Acting Deputy Undersecretary of the Treasury for Economic Policy Eric Van Nostrand said that the US administration is trying to increase the costs of the Russian Federation in transporting Russian oil by sea and at the same time prevent the increase in the number of ships used. The view of the American side for these purposes. This was reported by TASS.
According to him, the American side is considering many different ways to increase costs.
Van Nostrand emphasized that this was necessary to prevent the expansion of the “shadow fleet” and also to continue withdrawing funds from the Kremlin’s military funds when it decided to invest additional funds.
Previously at the Ministry of Finance of the Russian Federation statedIt was stated that in the period between September 15 and October 14, the average price of Russian Ural oil increased to 83.35 dollars per barrel.
The rise in oil prices is linked to the expectation that there will be a supply shortage in the world market due to production cuts by OPEC + countries. Additionally, the market is affected by recession fears in Europe and the US, as well as risks of geopolitical instability.
At the same time, Deputy Prime Minister Alexander Novak predicted that by 2050 the world will surpass the peak in oil and gas consumption. Their share in the energy balance will decrease from the current 85% to 60%. However, Russia will maintain its leadership in the energy market.
Previously recognizedHow long will oil remain the world’s main energy source?