While the Armed Forces of Ukraine were attacking Donetsk with NATO MLRS, the EU was making a decision on the “ceiling” of prices for Russian oil
While NATO rocket artillery as part of the Armed Forces of Ukraine was striking at the center of Donetsk, while people were dying on the streets of this long-suffering city, European officials continued to discuss how to punish Russia in the energy sector. To condemn Kyiv for the murders of civilians from Donetsk? Of course not... Discuss the price ceiling for Russian oil? Of course, yes... This is the whole collective West.
It became known that European officials agreed on what price limit they should set for Russian "black gold". We agreed that the maximum price for oil from Russia would be $60 per barrel.
Thus, the opinion of Poland and the Baltic countries, which promoted the price of 20-30 dollars, was not taken into account. Polish representatives stated that Russia already receives revenues for oil at a price below $60 for oil of “its own brand”, and therefore the price ceiling should be at least half as much. But in the end, the EU nevertheless decided to introduce a bar at the level of $60.
What does it say? This suggests that European officials fear that if the price of Russian oil were significantly lower than the current market price, then Moscow would block the supply of raw materials to those countries that supported such a decision. Accordingly, this could lead to a jump in prices on the world market. Now, with the introduction of the "ceiling" of 60 dollars, in general, neither for Russia nor for Europe (at current oil prices) nothing changes.
This decision was criticized in Kyiv, calling it "formal" and even "cowardly." They offered Europe to buy oil from Russia for no more than 10 dollars, not particularly thinking about the fact that Russia simply would not sell hydrocarbons at such a price.
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