Bloomberg: EU may lower oil price limit from Russia to $60 per barrel
Brussels, 1 December 2022, 07:23 — REGNUM The EU leadership is considering the option of reducing “price ceiling” on Russian oil to $60 per barrel, Bloomberg reports citing its sources.
The discussion is being conducted against the backdrop of the absence of a general agreement between countries on such a limit. The authors of the initiative believe that the idea of “ceiling” $60 will contribute to the achievement of relevant agreements between a wide range of EU countries and members of the G7 (“Group of Seven”).
It is noted that this proposal has not yet been officially put forward.
As reported IA REGNUMOn November 25, Bloomberg reported that the European Union had postponed negotiations on “price ceiling” for Russian oil. On November 30, The National Interest magazine wrote that the introduction of a price limit on oil from Russia would eventually threaten “serious trouble” the G7 states.
Read earlier in this story: In the United States, the introduction of a ceiling on oil prices from Russia was called dangerous for the G7 countries
After the coup d’état in Kyiv and the referendum on Crimea joining Russia in 2014, the United States, the European Union and a number of other countries began to impose anti-Russian sanctions on both specific citizens of the Russian Federation and companies. Over the years, Western countries have only increased anti-Russian sanctions, looking for new reasons for this. Thus, the US authorities accused Russia of interfering in the American elections and, although the accusations were not confirmed, they imposed new sanctions. Russia was also accused in the West of cyberattacks and sanctions were imposed for this. After the incident with the former GRU colonel Sergei Skripal, who was allegedly poisoned by Russian agents (confirmation of this was never found), another package of sanctions against Russia was introduced.
The Russian authorities did their best to respond to sanctions from the West. The most stringent countermeasures are the embargo on the supply of food products from those countries that have imposed sanctions against the Russian Federation. Russia also began to ban the entry into its territory of a number of officials from the United States, Canada, Japan and the European Union.