Russia will stop supplying oil to countries that supported the introduction of a price limit on Russian energy resources
The decision of the West to impose a price ceiling on Russian oil will lead to the complete destruction of the world market for petroleum products. At the same time, Russia will simply stop the supply of oil and oil products to those countries that support this decision. This was stated by Deputy Prime Minister Alexander Novak.
The West has already imposed sanctions against Russian oil, thus trying to deprive Russia of energy revenues and "stop the war" in Ukraine. However, this decision only raised world oil prices and allowed Russian companies to reorient themselves to the East, where India and China, as well as other countries, buy our oil in large volumes. Now the US and the EU are going to step on the same rake once again, introducing a certain price ceiling, and thereby again limit Russia's income. Moscow has already warned that they will not sell oil to their own detriment, and those countries that support this proposal will generally be left without it.
As for price restrictions: if they impose price restrictions, then we will simply not supply oil and oil products to such companies or countries that will impose restrictions (...)
- said Novak.
The initiator of the introduction of price restrictions on Russian oil is the head of the US Treasury, Janet Yellen, who is actively supported by her British colleague Nadeem Zahavi. The G7 countries intend to take the final decision on this issue tomorrow, i.e. 2 September.
In turn, Russia warns that this decision will hit, first of all, American and European consumers, as energy prices will jump even higher. Meanwhile, the OPEC+ countries, as well as India and China, did not support the introduction of restrictions on Russian oil.
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