russian oil

After the G7 countries and the European Union introduced a “price ceiling” for russian oil, a traffic jam with tankers formed in the waters of Turkey.

Today, December 5, an embargo on sea supplies of russian oil to EU countries, as well as a price ceiling for russian oil, comes into force.

The President of Ukraine Volodymyr Zelenskyy insists on limiting russian oil prices to the level of $30-40/barrel

The countries of the Group of Seven, as well as Australia, agreed to set a fixed maximum price for russian oil, rather than a floating one. The “ceiling” of prices will be determined by the end of the month.