Russia: End of oil in all countries that put a ceiling on its price

Russia: End of oil in all countries that put a ceiling on its price
Russia: End of oil in all countries that put a ceiling on its price
He raises his voice again Russia with the Russian Deputy Prime Minister, Alexander Novakto now state that his country will stop supplying oil the countries they will put ceiling in price of. More specifically, Alexander Novak stated that Russia is ready to stop supplying oil and oil products to countries that decide to limit the cost of oil from the Russian Federation.

“Regarding price limits: if they impose ceilings, then we are clear that we will not supply oil and oil products to these companies or countries, since we will not work with non-market conditions,” Novak stressed. At the same time, Novak called the proposals to impose restrictions on the price of Russian oil “absolute nonsense”.

“This is an intervention in the market mechanisms of such an important industry as oil, which is the most important in terms of ensuring the energy security of the whole world. Such efforts will only lead to destabilization of the oil industry and market,” he added, noting that the price of this measure will be the first to be paid by European and American consumers who are already faced with high energy prices.

The article is in Greek

Tags: Russia oil countries put ceiling price

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