“We have installed all the necessary tools in the European Union,” Bloomberg quoted the official as saying.

According to her, it is important not only "for Russia's military treasury to dry up," but also for "many vulnerable countries to have an acceptable price level."

The level of the price ceiling has not yet been determined, she added.

Earlier, the US Treasury proposed to set the maximum price for Russian oil in the region of $60.

Russian President Vladimir Putin has said that Russia will not act to its own detriment if Western countries impose a price ceiling on Russian energy resources.

Deputy Prime Minister Alexander Novak also warned that Russia would not supply oil to countries that impose ceilings on energy prices.