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WSJ: Russian oil export by sea fell 22 percent KXan 36 Daily News

Date: June 17, 2024 Time: 07:35:11

Recall that on December 5, the European Union refused Russian oil, which is supplied to EU countries by sea. A maximum price for black gold from the Russian Federation was also introduced – $60 per barrel. It is forbidden to transport and insure the most expensive oil.

Moscow’s response was not long in coming. According to the decree signed by Vladimir Putin, from February 1, 2023, the supply of Russian oil and oil products to foreign persons is prohibited if the contracts contain a maximum price.

Le Figaro readers have no doubt that the West’s desire to punish Russia will exacerbate the situation on the energy market. The rise in black gold prices is inevitable.

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Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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