Moscow-Sana
Russian presidential spokesman Dmitry Peskov warned of the repercussions of imposing a ceiling on the price of a barrel of Russian oil by the Group of Seven major industrialized countries, indicating that this step would lead to a significant destabilization of the market.
"If the West imposes restrictions on the price of Russian oil, crude from Russia will be sold to countries that operate in accordance with market conditions," RIA Novosti news agency quoted Peskov as telling reporters today.
He added, "The Russian Deputy Prime Minister Alexander Novak, who is responsible for Russia's oil-related contacts with the (OPEC) and (OPEC Plus) groups, announced yesterday clearly that Russia will not supply its oil to the countries that will join the initiative to set a ceiling for the price of the Russian barrel of oil."
The Financial Times reported that the G7 countries are moving towards setting a ceiling on the price of Russian oil in order to reduce the revenues of the Russian budget.
In turn, Deputy Chairman of the Russian Security Council, Dmitry Medvedev, announced that his country would refrain from delivering Russian gas to Europe if the European Union imposed a ceiling on gas prices from Russia.
This came in response to statements by European Commission President Ursula von der Leyen, who expressed her belief in the possibility of "presenting a maximum price for gas supplies through Russian pipelines to Europe at the present time."
"Von der Leyen says that it is time for the European Union to impose a ceiling on the price of gas from the Russian pipeline, and I say that it will be the same as with oil, and simply no Russian gas will reach Europe," Medvedev said on his Telegram channel.
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