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Price cap: Putin threatens the West to “cut production” of Russian oil

2022-12-09T14:11:58.937Z


The mechanism put in place by the West is “a stupid decision” which “does not affect Russia”, added the Russian president.


Russian President Vladimir Putin threatened this Friday, December 9 the West to “

cut production

” of Russian oil “

if necessary

”, a few days after the introduction by the EU, the G7 and Australia of a cap on the price of russian black gold at 60 dollars.

"

We will think about a possible reduction in production if necessary

," said Vladimir Putin during a press conference in Bishkek, on the sidelines of a regional summit.

The mechanism put in place by the West is "

a stupid decision

" that "

does not affect Russia

", he added.

Source: lefigaro

All business articles on 2022-12-09

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