The Limited Times

Now you can see non-English news...

Novak: The idea of ​​​​imposing restrictions on Russian oil will lead to higher prices

2022-06-30T15:09:58.562Z

Moscow, SANA- Russian Deputy Prime Minister Alexander Novak stressed that the West’s idea of ​​setting a ceiling on the price of Russian oil is not...



Moscow-Sana

Russian Deputy Prime Minister Alexander Novak stressed that the West's idea of ​​setting a ceiling on the price of Russian oil is just another political decision that will lead to market disruption and increase prices.

Russia Today website quoted Novak as saying in a televised interview today, commenting on the agreement of the leaders of the Group of Seven major countries to put an end to the price of imported Russian oil in the future: that this is another attempt to interfere in market mechanisms, which can only lead to market imbalance and lack of energy resources, and in turn It will lead to an increase in prices for consumers, led by the Europeans and the G7 countries.

Novak added: Such a measure will reflect negatively on its authors, as happened more than once, describing it as unthoughtful and unjustified economically.

Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency

Source: sena

All business articles on 2022-06-30

You may like

News/Politics 2022-03-08T12:39:44.082Z

Trends 24h

Latest

© Communities 2019 - Privacy