China News Service, July 14. According to the Russian Satellite Network report on the 14th, Russian Foreign Ministry spokesperson Zakharova said that the Group of Seven (G7) plan to set a price cap on Russian oil may lead to oil prices.
Zakharova said: "If the 'G7' tries to implement what could be described as a risky plan for itself, to put some kind of cap on oil prices, then oil prices could rise because of that, as economists say , because these plans are anti-market, risky and wishful thinking.”
At the G7 summit, the leaders of the G7 member countries agreed to reduce their dependence on Russian energy and initially agreed to limit Russian oil and natural gas prices, such as not providing insurance and transportation services for Russian crude oil and petrochemical products that exceed the price limit.