EU
The EU will not reduce the “price ceiling” for Rosneft
The European Commission said that Rosneft’s price cap of $60 per barrel “proved to be effective” against the Kremlin’s war machine. There are no plans to lower the price ceiling in the near future.
Greece helps russian federation to circumvent the “oil” sanctions of the European Union
The bay in the south of Greece has become a permanent place for raid transshipment of russian oil and oil products.
Russian federation could not “import substitute” tankers from the EU
Due to the shortage of tankers, russia is forced to sell oil at prices below 60 dollars per barrel.
The EU removed price restrictions on some russian oil products
The European Union removed some russian oil products from under the “price ceiling” on Tuesday, February 7.
Japan introduced a “price ceiling” for russian oil products
Japan joined the sanctions of the G7 countries, the European Union and Australia, and set price restrictions on russian oil products.
The EU is concerned about “excessive imports” of grain from Ukraine
The “lanes of solidarity” implemented by the EU on the borders with Ukraine created problems for European farmers, who now faced difficulties with selling their own products.
The EU may limit the price of russian diesel fuel to $100/barrel
The European Union is considering limiting the price of export russian diesel fuel at the level of $100/barrel.
Estonia will offer the EU to lower the price ceiling for russian oil
The head of the Estonian Foreign Ministry, Urmas Reinsalu, said that the current maximum price rate for russian oil should be lowered even more.
EU countries have agreed on a ceiling price for gas
Economy ministers reached a political agreement on the price “ceiling” for gas. The new restriction should protect citizens from excessively high prices.
WSJ: Europe agrees to sanctions exemptions for russian fertilizers under UN pressure
Earlier, the European Union introduced a new package of sanctions against russia, which at the same time is designed to alleviate the food security problems faced by poorer countries.