Berlin says only one way for Russian oil price cap to work ...News

Economy by : (Russia Today) -
Enough countries have to take part for the plan to be possible, according to Germany’s economy minister Limiting Russian oil revenues would only be possible if enough countries participated in the scheme, German Economy Minister Robert Habeck said on Monday ahead of a meeting of EU energy ministers in Luxembourg. “The price caps proposed by the US for the purchase [of Russian oil] are only a good idea if enough countries participate in this. Let's see how they will move forward,” Habeck told reporters, as cited by RIA Novosti. The prospect of establishing a threshold above which Russian oil would not be bought was

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