Is China considering joining the U.S. and Europe in capping Russian oil prices? Response from the Ministry of Foreign Affairs

　　China News Service, Beijing, December 5th (Reporter Guo Chaokai) Chinese Foreign Ministry Spokesperson Mao Ning presided over a regular press conference on the 5th.

Foreign Ministry Spokesperson Mao Ning.

Photo by Xue Wei

　　The decision by the European Union, the Group of Seven (G7) and Australia to impose a price cap of $60 a barrel on Russian seaborne oil exports took effect on the 5th.

On the same day, a reporter asked: The United States and Europe are discussing the Russian oil price limit and oil embargo. Will China consider joining the agreement?

How will this affect market order and energy security?

　　Mao Ning: China and Russia have always carried out energy cooperation in the spirit of mutual respect, mutual benefit and win-win results. For specific questions, please refer to the competent Chinese authorities.

　　Oil is one of the world's bulk commodities, and it is crucial to ensure the security of global energy supply. We believe that all parties should make constructive efforts to this end.

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