On June 26, local time, the Elysee Palace, the French presidential palace, said that France agreed in principle with the proposal of "setting a ceiling on Russian oil prices" put forward by the United States at the G7 leaders summit, but it was more powerful in addition. Yes, it is to set a price cap on oil prices in all oil producing countries in response to the surge in oil prices caused by the Russian-Ukrainian crisis.
The Elysee Palace also added that this would require renewed consultations with OPEC (Organization of the Petroleum Exporting Countries) and other oil producers in the world.
In addition, the Elysee Palace also pointed out that the main purpose of the summit of the G7 leaders is to try to set a ceiling on oil and natural gas prices in order to avoid the serious impact of the sanctions on Russia on the global economy.
(Headquarters reporter Ma Jinjin)