On the 27th, the Russian side stated that in the face of Western countries setting price ceilings on Russian oil, Russia will maintain its original position, guided by its own interests, and will not conduct oil and gas transactions with countries that impose price limits on Russia.
Russian President's Press Secretary Peskov pointed out in a Russian live TV program on the 27th that if the West imposes a price limit on Russian energy, Russia will be guided by its own interests.
Peskov also emphasized that Russian President Vladimir Putin's previous position on not conducting oil and gas transactions with countries that impose price limits on Russia remains unchanged.
In September, the G7 announced an agreement on imposing limits on Russian oil prices.
According to the agreement, the Group of Seven will impose price limits on Russian crude oil from December 5, and price limits on Russian refined petroleum products from February 5 next year.
In this regard, Putin said that the Group of Seven's proposals to restrict oil imports from Russia and set a price ceiling on Russian oil can only lead to a surge in oil prices like natural gas prices.
The TASS news agency said in a report that some European experts said that Russia may stop supplying oil to countries that have joined this mechanism, which will lead to a sharp rise in global market prices unless other oil-producing countries increase production.
(Source: CCTV Finance)