The head of TotalEnergies Pouyanne called the ceiling on oil prices from Russia a bad idea

Limiting the price of Russian oil is a bad idea. This is how the head of the French energy company TotalEnergies Patrick Pouyanne described this initiative, speaking at the Energy Intelligence forum in London. He commented on the G7 plan to impose a price cap on oil exported from Russia.

I think it’s a bad idea“, — quotes Bloomberg policy.

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