Russia Claims It Will Continue To Adapt To Oil Sanctions ...Middle East

Russia is adapting to the increasingly stricter U.S. sanctions on trade with Russian oil and is acting in accordance with its own interests, Kremlin spokesman Dmitry Peskov said on Tuesday, commenting on reports that the United States was looking into punishing more vessels breaching the G7 price cap on Russia’s crude. The price cap mechanism set by the G7 and the EU says that Russian crude shipments to third countries can use Western insurance and financing if cargoes are sold at or below the $60-a-barrel ceiling. The measure took effect…

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Last updated : 14 Nov 2023 clock 05:36 PM

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Russia Claims It Will Continue To Adapt To Oil Sanctions ...Middle East

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