The West always urges Russia to use market measures, while it uses double standards, Anton Siluanov complained.
Imposing a price ceiling on Russian oil is a non-market measure that will have implications for the global market. This was said by the head of the Ministry of Finance of the Russian Federation, Anton Siluanov, TASS reports on Thursday, December 8.
“It is clear that these are non-market mechanisms. The West has always called us to use transparent, market-based measures, which influence the economy. Although this itself – we have seen it before – is uses double standards. Actually, it is But you can’t cheat the market: where “Regulation is carried out, which means that on the other hand, there will also be an impact on prices, and on the amount of consumption in the market, and so on,” said Siluanov.
At the same time, he considers it premature to assess the impact for the budget of the Russian Federation, but Moscow is preparing retaliatory measures for this step of the West.
“At the moment, it is too early to talk about the impact on the budget. We are now preparing a reward, reciprocal measures about how our companies will react to the introduction of the ceiling,” said Siluanov and promised that the such measures will be announced in the near future.
before Correspondent.net wrote that the embargo and the price ceiling for Russia worked. Oil is getting cheaper. Although Russian President Vladimir Putin warned of “serious consequences” due to the oil price cap.
news Correspondent.net on Telegram. Subscribe to our channel Athletistic
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.