Russia on Friday said it would stop supplying oil to the global market if the price cap proposed by G-7 countries was not fair.
“If we consider the prices are not fair and unacceptable to us, we would simply stop supplying the oil to global markets and to those countries that join the US initiative on the price cap,” Russia’s Ambassador to India Denis Alipov said at a press conference here.
He said Russia would not follow any mechanism detrimental to its trade interests.
