As part of the sanctions against Russia, member states of the European Union have agreed to cap the international trade in Russian crude oil at $60 a barrel.
From December 5, the EU will impose sanctions banning imports of crude oil transported by sea, which has been a major source of income for Russia as it continues its military invasion of Ukraine.
On the other hand, it has been pointed out that the effect of rising crude oil prices is not sufficient, so the EU will continue negotiations among member countries to set an upper limit on the trading price of crude oil shipped from Russia to outside the EU. I came.
Regarding this, EU Chairman von der Leyen issued a statement on the 2nd and clarified that an agreement had been reached.
EU member Estonia has announced that it has agreed a ceiling price of $60 a barrel and will review it periodically.
In a statement, Commissioner von der Leyen stressed the significance of the agreement, saying, "It will strengthen the effect of sanctions and further reduce Russia's income."
On the other hand, it is said that "EU operators are allowed to trade and ship Russian crude oil to the outside of the EU as long as the price does not exceed the ceiling price," which stabilizes the global energy market. explained.
The EU is expected to implement the agreement soon with the G7 = seven major countries.