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Poland proposes to set the price of Russian oil at $30 a barrel

Poland opposes the European Union’s proposal to impose a ceiling on Russian oil prices at the level of 65-70 US dollars per barrel.

  • Poland opposes the proposal of the European Union countries to impose a ceiling on the price of Russian oil at the level of 65-70 dollars a barrel

Most EU countries supported the proposal to cap Russian oil prices at the level of US$65-70 a barrel, but Poland proposed the price at US$30, according to the Politico newspaper.

This followed discussions in the European Union, in coordination with the Group of Seven, on setting a maximum price for Russian oil at $65-70 a barrel. The adoption of a maximum oil price requires the agreement of all EU Member States.

The failure of the energy ministers of the countries of the European Union, during their meeting today, Thursday, in Brussels, in Agree on a decision to reduce the increase in gas prices By imposing a maximum price, as announced by the Hungarian Foreign Minister, Peter Siarto.

And a senior US Treasury official said on Wednesday it was likely the US and its allies, after capping the price of Russian oil, would adjust the oil price several times a year, not monthly.

Earlier in the day, Russian President Vladimir Putin warned of the dangerous repercussions of capping the price of Russian oil and said “these practices can lead to serious consequences for global markets”.

In the same context, the official spokeswoman of the Russian Foreign Ministry, Maria Zakharova, said on Thursday that the European Union’s attempts to cap gas prices It would set a dangerous precedent and threaten a global recession.

Read also: Putin: Russia will stop oil and gas shipments if a price cap is set

The finance ministers of the Group of Seven countries (Britain, Germany, Italy, Canada, the United States, France and Japan) sought in September to impose restrictions on Russian oil prices, as part of the expansion of sanctions.

In early October, the European Union introduced the eighth package of sanctions against Russia, which includes a legislative basis for limiting the price of Russian oil by sea to third countries.

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