This was reported by Reuters, citing sources.

“The coalition has agreed that the price ceiling will be a fixed price that will be reviewed regularly,” the source said.

According to him, this will increase the stability of the energy market.

On September 23, Bloomberg reported that the European Union may soon set a ceiling on oil prices from Russia.

As noted in the Kremlin, if Russian oil does not go to Europe, then it will go in alternative directions to those countries that operate on market conditions.

Artyom Deev, head of the analytical department at AMarkets, in an interview with FAN, assessed the potential for increasing the volume of Russian oil trade with countries such as South Korea, Vietnam, South America and Africa.