On February 3, the member states of the European Union (EU), the Group of Industrialized Countries (G7) and Australia reached an agreement on the ceiling price that will be applied to Russian oil products from from 5/2.
The parties agree to apply price ceiling $100/barrel for premium products like diesel and $45/bbl for cheaper products like fuel oil.
These are also the prices proposed by the European Commission (EC).
Sweden – the current rotating presidency of the EU – insists this is an important agreement and is part of further efforts by the EU and its partners to put pressure on Russia’s war in Ukraine.
[Mỹ, Liên minh châu Âu thảo luận về mức trần giá dầu thô của Nga]
Previously, in December, the EU and G7 also imposed a ceiling price of 60 USD/barrel for export crude oil of Russia shipping by sea.
In a latest statement, the G7 and Australia said they would re-evaluate the imposition of a price ceiling on Russian crude in March.
Through repressive measures energy price ceiling hey, western countries want to tighten financial revenue to force it to end the nearly year-long war in neighboring Ukraine.
Quang Vinh-Lan Nhi (VNA/Vietnam+)
