“This is to be expected.

Preparations are being completed," Peskov said, answering a related question.

Earlier, Finance Minister Anton Siluanov said that Russia was preparing countermeasures to introduce a ceiling on oil prices.

Director of the Institute for Socio-Economic Research of the Financial University under the Government of Russia Alexei Zubets, in an interview with radio Komsomolskaya Pravda, told what will happen to oil prices after the embargo comes into force on December 5 and the price ceiling for Russian oil is $60 per barrel.