In her opinion, the introduction of restrictions at the level of $65-70 per barrel will not affect the Russian budget.

A price ceiling could lead to higher energy prices.

“Higher prices for non-Russian oil could well lead to higher prices for Russian oil as well, as supplies are diverted,” Slav writes.

She stressed that continued exports around the world could even increase Russia's income.

Earlier, Russian Deputy Prime Minister Alexander Novak warned that Russia would not supply oil and oil products to countries that introduced ceilings on energy prices.