Putin banned the sale of oil to countries that supported the "price ceiling"

Putin banned the sale of oil to countries that supported the "price ceiling"

Putin banned the sale of oil to countries that supported the "price ceiling"

Russian President Vladimir Putin signed a decree on measures in response to the introduction of a price ceiling for Russian oil.

 According to the document, Russia will stop supplying oil to countries that have joined the price embargo.

 It is noted that the ban on the supply of oil under the price ceiling comes into force on February 1, 2023 and is valid until July 1. The date of the ban on the supply of oil products will be determined by the government.

 In addition, Putin can give special permission for the supply of oil and oil products.

 It will be recalled that on December 2, the countries of the European Union agreed to limit the price of Russian oil at the level of 60 dollars per barrel.


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