The diplomatic mission noted that the restriction of prices for Russian energy carriers will provoke increased uncertainty and higher costs for consumers of raw materials.

According to diplomats, now no country is immune from imposing a limit on its export products for political reasons.

“Regardless of the current “flirting” with a dangerous and illegitimate tool, we are confident that our oil will continue to be in demand,” RIA Novosti reported.

The embassy expressed confidence that by such actions, Western countries are trying to reshape "the basic principles of the functioning of free markets."

Earlier it was reported that Australia and the G7 countries reached an agreement on the ceiling price of Russian oil at $60 per barrel.

The US Treasury noted that Russia will be able to sell oil within the established limit through G7 service providers or conductors outside the coalition, reducing sales.

Russian Foreign Ministry spokeswoman Maria Zakharova said the restrictions are an anti-market measure that disrupts supply chains and sets a dangerous precedent for international trade, which is currently still carried out on market principles.

Russian Deputy Prime Minister Alexander Novak stressed that the introduction of a ceiling on oil prices could lead to a shortage of energy resources.