The US Treasury announced a revision of the price ceiling for Russian oil

Photo: © Global Look Press/Nikolay Gyngazov/Russian Look

The G7 countries plan to revise the price ceiling for Russian oil in March this year. Elizabeth Rosenberg, Assistant Secretary of the Treasury for Combating Terrorist Financing and Financial Crime, announced this at the international energy conference CERAWeek in Houston.

At the same time, she was unable to answer a question from journalists about how, according to Washington, the introduced price ceiling could affect Moscow’s position regarding what is happening in Ukraine.

Rosenberg also could not answer anything about the impact of price restrictions on the imbalance between supply and demand in the oil market.

“All I can say is that the G7 plans to reassess the Russian oil price ceiling in March.b,” Rosenberg said.

Recall that earlier the official representative of the Kremlin, Dmitry Peskov, stressed that the “ceiling” does not work because of the free installation and existing prices on the world market.

Source: Ren

Alfred

Alfred Hart is an accomplished journalist known for his expert analysis and commentary on global affairs. He currently works as a writer at 24 news breaker, where he provides readers with in-depth coverage of the most pressing issues affecting the world today. With a keen insight and a deep understanding of international politics and economics, Alfred’s writing is a must-read for anyone seeking a deeper understanding of the world we live in.

The US Treasury announced a revision of the price ceiling for Russian oil

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