Europe to pay for Russian oil price cap, Chinese expert warns ...Syria

SANA - News
Europe to pay for Russian oil price cap, Chinese expert warns
Moscow, SANA- Europe will have to search for replacements for Russian oil and pay higher prices after introducing a price cap, Cui Heng, an assistant research fellow at the Center for Russian Studies of East China Normal University, told the Global Times newspaper. According to the paper, the expert believes that the price will have to be paid by Europe itself as European countries will have to find replacements for Russian crude and pay higher prices to buy LNG from the UK and the US. “Moscow would feel a pinch as it would limit Russia’s ability to export oil to the West, but it would not be a major impact,” Cui Heng noted. Russia “can find buyers such as China and India to fill in the gap,

Hence then, the article about europe to pay for russian oil price cap chinese expert warns was published today ( ) and is available on SANA ( Syria ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Europe to pay for Russian oil price cap, Chinese expert warns )

Apple Storegoogle play

Last updated :

Also on site :