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Ukraine called on G7 to reduce maximum price for Russian oil up to $ 30

Photo: MZS Ukrainian

The current maximum price of G7 countries, set for the entire Russian war against Ukraine, is $ 60 per barrel.

Ukraine calls the countries Group of seven Reduce the installed price ceiling for Russian oil from the current $ 60 to $ 30 per barrel. This was said by the Minister of Foreign Affairs of Ukraine Andrei Sybiga during a visit to Brussels, informing Reuters on Tuesday, May 20.

“From our point of view, a reasonable ceiling price is $ 30,” Sybig told journalists.

This appeal sounded against behind the new penalties of the European Union and Great Britain against Russia. The restrictions are aimed at the So -called “Shadow Fleet” of the tanks, as well as financial companies that help Moscow exceed existing western restrictions.

In Brussels, they also consider the possibility of checking the price ceiling. According to European officials, the deduction was discussed at $ 50 per barrel.

Separately, President Vladimir Zelensky said he spoke with European Commission President Ursula Von der Lyain and thanked a new package of penalties.

“Russia’s oil, energy trade, banks and financial schemes are the worst points for Russia. And therefore, the most benefit for the world,” Zelensky said.

He added that the pressure in Russia was greater, “The more motive for Moscow is moving to the current world.”

Earlier it was found that the European Union would offer G7 countries to reduce Russian oil maximum price as part of the 18th package of penalties.

Remember that in December 2022, more than 30 countries in the world established a ceiling of oil prices from Russia of $ 60 per barrel. The restriction provides that companies of countries that will agree with sanctions will not be provided with brokerage, insurance and other Russian oil transportation services in third countries, unless this oil is sold at a price of less than $ 60 per barrel. Also, an embargo began to operate on oil supplies from Russia to Europe.

Price ceiling reduced Kremlin oil revenues by 14% – Analysts

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Source: korrespondent

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