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Putin Refuses to Comply With Oil Price Cap By G7 | Russia Ukraine Updates | World News | Mirror Now
Posted
December 28, 2022
Views
85
December 28, 2022
85
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1:53Now PlayingRussian President Vladimir Putin has threatened to reduce oil production in response to the G7's price ceiling on Moscow's crude exports. Western nations believe this will keep oil flowing while cutting funding for the Kremlin's conflict in Ukraine. In a press conference on Friday, Putin said that Russia "would simply not sell to the countries" that set price caps or joined an EU ban on buying the country's oil. Putin's comments were his most memorable indicate the Kremlin's likely reaction to the EU endorses and related oil cost cap, which have stopped EU acquisition of Russian unrefined delivered via ocean and intended to set a greatest on what different countries can pay.
#putin #russia #oilprice
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