Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets

Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets

A lower price cap for Russian oil proposed by the European Commission to punish Moscow for its war in Ukraine will not contribute to the stabilisation of global energy markets, Kremlin spokesman Dmitry Peskov said on Wednesday.

Putin spokesperson Dmitry Peskov dismisses EU threat to cut ‘illegal’ price cap

Kremlin spokesman says proposal to reduce permitted price level will not help stabilise global energy markets

EU push to target Russian oil exports will have consequences – Kremlin

The move could disrupt global energy markets, presidential spokesman Dmitry Peskov has warnedFILE PHOTO. © Sputnik / Vitaly TimkivThe European Commission’s push to lower the price cap on Russian oil exports risks fueling instability in the global energy markets, Kremlin spokesperson Dmitry Peskov has warned.His remarks came in response to reports that Brussels is reviewing the current price cap established under EU sanctions.”Such actions undoub…

Kremlin: EU-proposed lower oil cap won't help energy markets

Moscow (Brussels Morning Newspaper) – According to Kremlin spokesperson Dmitry Peskov, a lower price cap on Russian oil proposed by the European Commission won’t help stabilize global energy markets. On Tuesday, the Commission announced a new set of sanctions against … Read more Continue reading Kremlin: EU-proposed lower oil cap won’t help energy markets at The Brussels Morning Newspaper.