Russia Rejects EU’s $60 Oil Price Cap

Source: Antiwar
Published: Dec 5, 2022
Author: Dave DeCamp
Post Date: 2022-12-05 18:06:58 by Charles_Byrd
Views: 1234

Russia on Saturday rejected the EU’s decision to impose a price cap on Russian oil for $60 per barrel and warned it will cut off any country that endorses the cap.

The EU’s ban on Russian oil will take effect on Monday, and the idea of the cap is so European insurance and other services can continue for Russian oil shipments if the crude is sold at the $60 limit. But Russia has warned since the plan was first discussed by the US and G7 that it wouldn’t comply.

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#1: Mudboy Slim    To: Charles_Byrd (#0)

The solution is blatantly obvious...

Drill HERE!! Drill NOW!!

And the EU needs to recognize that the Paris Accords are antithetical to the security, livelihoods, and lives of the European people.

Regards...MUD

Mudboy Slim posted on 2022-12-06 10:05:41   Reply   Private Reply