Russia says oil price cap will not stop Ukraine offensive ...Kuwait

The New Arab - News

Russia shrugged off a Western-imposed price cap on its oil exports on Monday, warning that it would not disrupt its military campaign in Ukraine. The $60-per-barrel price cap agreed by the European Union, G7 and Australia aims to restrict Russia's revenue while making sure Moscow keeps supplying the global market. "Russia's economy has all the necessary potential to fully meet the needs and requirements of the special military operation," Kremlin spokesman Dmitry Peskov told reporters, using Moscow's term for its invasion of Ukraine. "These measures will not affect this," he said. Russia, he added, "will not recognise" the measures, adding that they amounted "a step

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Russia says oil price cap will not stop Ukraine offensive ...Kuwait

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