So far, there have been no tangible results from the introduction of a price ceiling for Russian oil. The corresponding statement was made by the Minister of Energy of Saudi Arabia Abdulaziz bin Salman.
“As for the price ceiling for oil from Russia, which came into force on December 5, there are no significant results of this measure yet.“, Taqa quotes him.
The Minister stressed that it is still difficult to even say how exactly the sanctions against Russian oil will be implemented.
Not to mention that the world and the markets will have to pay attention to Russia’s reaction to such restrictions.
Earlier it was reported that the energy supply system created by the West and the manipulation of world oil markets came to an end. This statement was made by the head of the commission of the Federation Council for the protection of state sovereignty Andrey Klimov.
In his opinion, the deepening of Saudi Arabia’s partnership with China and Russia, as well as the unsuccessful visit of US President Joe Biden to Riyadh, indicate the failure of Western energy policy.
