In addition, the G7 countries, Australia and the European Union impose a price cap on sea transportation of oil at $60 per barrel.

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Earlier it was reported that Australia and the G7 countries reached an agreement on the ceiling price of Russian oil at $60 per barrel.

The US Treasury noted that Russia will be able to sell oil within the established limit through G7 service providers or conductors outside the coalition, reducing sales.

Russian Foreign Ministry spokeswoman Maria Zakharova said the restrictions are an anti-market measure that disrupts supply chains and sets a dangerous precedent for international trade, which is currently still carried out on market principles.

Russian Deputy Prime Minister Alexander Novak stressed that the introduction of a ceiling on oil prices could lead to a shortage of energy resources.