Russia: Oil Price Cap Is An ‘Anti-Market Measure’ ...Middle East

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Russia: Oil Price Cap Is An ‘Anti-Market Measure’
source : OILPRICE ( Middle East ) () 24

The planned price cap on Russian oil is an anti-market measure that will have devastating effects on all and could significantly complicate the situation on the global markets, Maria Zakharova, spokeswoman for Russia’s Foreign Ministry, said on Wednesday. “We have repeatedly said that the introduction of the so-called ceiling on Russian oil prices is not just a non-market mechanism, it is an anti-market measure,” Zakharova said at a briefing, reiterating that Russia would not supply oil to countries that will have joined the price…

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