https://en.sputniknews.africa/20230626/1060175634.html
Putin Extends Response Measures to Russian Oil Price Cap Until Year-End
Putin Extends Response Measures to Russian Oil Price Cap Until Year-End
Sputnik Africa
MOSCOW (Sputnik) – Russian President Vladimir Putin has extended response measures to the oil price cap imposed by the Western nations until the end of 2023... 26.06.2023, Sputnik Africa
2023-06-26T15:10+0200
2023-06-26T15:10+0200
2023-06-26T18:53+0200
russia
energy
vladimir putin
united states (us)
west
anti-russian sanctions
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The response measures were set to expire on July 1, but the Monday decree now indicates a new deadline of December 31.Following the launch of Russia’s special military operation in Ukraine last year, the United States and its allies imposed a large number of economic sanctions against Russia, including ones targeting Russian energy exports.Claiming the need to cut Moscow’s revenues from exporting oil, the US and EU moved to impose a $60 per barrel price cap on Russian oil, threatening to punish parties who would purchase oil from Russia at a higher price.In response, Russian Deputy Prime Minister Alexander Novak warned that Russia would not trade its oil with any country who would adopt any such price cap measure, while Russian President Vladimir Putin stated that Russia would not supply anything abroad if it contradicted its own interests.
https://en.sputniknews.africa/20230619/anti-russian-sanctions-exacerbate-precarious-situation-in-africa-burundian-ambassador-1060032210.html
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russia, energy, vladimir putin, united states (us), west, anti-russian sanctions
russia, energy, vladimir putin, united states (us), west, anti-russian sanctions
Putin Extends Response Measures to Russian Oil Price Cap Until Year-End
15:10 26.06.2023 (Updated: 18:53 26.06.2023) MOSCOW (Sputnik) – Russian President Vladimir Putin has extended response measures to the oil price cap imposed by the Western nations until the end of 2023, according to a decree published on Monday.
The response measures were set to expire on July 1, but the Monday decree now indicates a new deadline of December 31.
Following the launch of Russia’s special military operation in Ukraine last year, the United States and its
allies imposed a large number of economic sanctions against Russia, including ones targeting Russian energy exports.
Claiming the need to cut Moscow’s revenues from exporting oil, the US and EU moved to impose a $60 per barrel price cap on Russian oil, threatening to punish parties who would purchase oil from Russia at a higher price.
In response, Russian Deputy Prime Minister Alexander Novak warned that
Russia would not trade its oil with any country who would adopt any such price cap measure, while Russian President Vladimir Putin stated that Russia would not supply anything abroad if it contradicted its own interests.
