Russia refuses to accept EU’s price cap of $60/barrel on crude oil
Russia refused to accept a price cap on Russian oil which European Union along with G7 and others have set a deal for a USD 60 per barrel, Kremlin Spokesman Dmitry Peskov said.
According to TASS Russian News Agency, Kremlin Spokesman Dmitry Peskov said, “We are assessing the situation. Certain preparations for such a cap were made. We won’t accept the price cap and we will inform you how the work will be organized once the assessment is over.”
On Friday, European Union countries agreed to cap the price of Russian seaborne oil at USD 60 a barrel.
Taking to Twitter, the president of the European Commission, Ursula von der Leyen said, “The EU agreement on an oil price cap,
