G7 announced a price limit on Russian oil exports, Russia strongly opposed: it will threaten the entire oil market

  [Global Times Special Correspondent in Russia Sui Xin, Global Times Special Correspondent Liu Yupeng] "If the price of Russian oil is capped, European taxpayers will suffer." Regarding the G7's price cap on Russian oil, the Russian President's Press Secretary Peskov made the above statement on the 2nd.

Russian Deputy Prime Minister Novak also said on the 1st that "Russia will stop supplying oil and oil products to countries that decide to limit Russian oil prices", and called the price limit "absolutely ridiculous".

On the 2nd, the G7 finance ministers met to discuss the proposal by US President Biden to set a price ceiling on Russian oil.

Russian experts said that the move by European and American countries will cause oil prices to continue to rise.

The President of the Russian State Duma said on the 2nd that it is necessary for the European Union to lift the illegal sanctions against Russia that have caused the outbreak of its energy crisis and made people's lives difficult.

Will it lead to an energy security disaster?

  The British "Financial Times" quoted sources as saying on the 2nd that the G7 countries support the implementation of a maximum price limit on Russian oil from December 5th.

For Russian oil products, restrictions could be implemented from February 5, 2023.

The G7 finance ministers discussed the issue at an online meeting on the 2nd and passed the price limit plan.

British Sky News reported on the 2nd that the G7 finance ministers issued a statement on the 2nd saying: "Today, we reaffirm our common political intention to completely ban the maritime transport of Russian oil and petroleum products around the world. Such services are only permitted when purchased below the set price.” The European Commission supports the G7 proposal, subject to the consent of EU member states.

The plan caps Russian oil prices in the $40-$60 range in exchange for legal shipping and insurance.

  Russia's "Independence" said on the 2nd that regarding the G7 price limit, Russian Deputy Prime Minister Novak said on the 1st that Russia will not supply oil and petroleum products to those countries that support the price limit of Russia's oil, and Russia refuses to use it under non-market conditions. External oil supply.

The G7's plan to limit the price of Russian oil is "absolutely absurd", a move that would threaten the entire oil market and lead to a global energy security catastrophe.

European and American consumers will pay the price, which will completely destroy the market.

Russian Presidential Press Secretary Peskov also said on the 2nd that those countries that have joined the price cap on Russian oil will not become recipients of Russian oil.

"We will not cooperate with them on oil at all. Russia's oil will not be shipped to Europe, but to countries that operate under market conditions." Mitrahovic, an expert at the Russian National Energy Security Fund, said on the 2nd that Europe and the United States will take this to Russia's plan to pressure it will fail because big oil importers are unlikely to accept it.

In addition, Russia has stopped oil supply, and the international oil price is in danger of explosive rise - it may reach 120-130 US dollars per barrel.

Salikhov, an expert at the Russian Higher Economic University, said that the United States and Europe are unable to squeeze Russian energy out of the world market, and it is quite difficult to replace Russian oil and gas.

France, Germany want to resume dialogue with Russia

  Some media analysts believe that due to the energy war with Russia, European and American countries may not have a good time this winter, and may even cause social unrest.

Therefore, some countries support price caps while trying to negotiate with Russia.

  German "Welt" reported on the 1st that German Chancellor Scholz said in a meeting with residents of Essen that he hoped to continue negotiations with Russian President Vladimir Putin.

He also pointed out: "Germany cannot completely abandon Russian gas imports. We should not complicate our lives unnecessarily. The government has taken all necessary measures to deal with the energy crisis. In the future Germany will have to expand gas import infrastructure to eventually Get rid of dependence." German MP Bernhard said in an interview with Russian media on the 1st that due to the energy crisis, Germany may have its first large-scale demonstrations as early as September.

The sharp rise in prices complicates the social situation.

Whether Germany can survive the winter depends on the gas supply contract signed with Russia.

  Regarding Scholz's remarks, Russian Presidential Press Secretary Peskov said on the 2nd: "President Putin has repeatedly stated that we are ready to discuss the most complex and controversial issues. This should be the only way out of the predicament. So far, Putin has There are no plans for a phone conversation with Scholz."

  The Russian "Viewpoint" reported on the 2nd that French President Macron also expressed his willingness to resume dialogue with Russia when he spoke at a meeting of French ambassadors on the 1st. He said: "We must continue to dialogue with everyone ... especially with those we do not agree with. Who wants Turkey to be the only country in the world that continues to dialogue with Russia?” In response, Russian State Duma member Belik said that the French president’s performance has always been two-faced – he will call on the West to refuse to engage with Russia Compromise and say he is interested in keeping in touch with Russia.

IAEA Member Adult Shield?

  Today's Russian TV said on the 2nd that after the International Atomic Energy Agency (IAEA) delegation ended the first day of work at the nuclear power plant, Director General Grossi led some personnel to leave the nuclear power plant, but he did not comment on the inspection results.

He said the IAEA will maintain a permanent presence at the Zaporozhye nuclear power plant, which is necessary to stabilize the situation and obtain reliable, impartial and neutral data.

  Russian Defense Minister Shoigu said on the 2nd that Russia hopes that the results of the IAEA's trip will attract the attention of the international community.

The U.S. and the U.S. deliberately cover up the situation around the nuclear power plant, thereby contributing to Ukraine’s reckless actions.

Russia's permanent representative to the Vienna International Organization Ulyanov said on the 2nd that two IAEA staff members will stay at the nuclear power plant for a long time, and Russia welcomes this.

Rogov, a member of the General Committee of the Zaporozhye State Military and Civil Administration, said on the 1st that Kyiv hopes to keep members of the International Atomic Energy Agency delegation that visited the Zaporozhye nuclear power plant for verification as a human shield for the nuclear power plant.

This is typical nuclear terrorism.

It is reported that the fifth unit of the Zaporozhye nuclear power plant, which was forced to shut down by the shelling on the 1st, was reconnected to the grid and generated electricity at 13:10 on the 2nd.

(Author: Sui Xin Liu Yupeng)