“Now we hear all sorts of false ideas about limiting the volume of Russian oil, limiting the price of Russian oil,” Putin told reporters in Iran.
According to him, this is the same situation as with Russian gas.
He called it surprising that people with higher education are talking about this.
“The result will be the same — price hikes.
Oil prices will skyrocket,” the president added.
Earlier, US Treasury Secretary Janet Yellen announced the possibility of an increase in oil prices in the event that a price cap on Russian oil is not introduced.
She also said that the United States and its allies have not yet decided what kind of restrictions on the price of oil from Russia to impose, but take into account that the country must maintain the ability to produce and export oil.