The EU limits the price of Russian oil products
2023-02-04 19:58:15 TiranaPost
EU countries have agreed to set a ceiling price for Russian oil products. With this price limitation, the EU seeks to reduce Russia's financial income for the war in Ukraine.
According to EU diplomats, you would set a ceiling price of $100 per barrel for derivative products such as diesel and $45 per barrel for products such as oil and cheaper products such as heating oil.
This decision follows a proposal from the European Commission, according to which the ceiling prices will come into force from Sunday. Poland and the Baltic states, Latvia, Lithuania and Estonia had demanded even lower prices, which delayed the negotiations by several days. Even the G-7 and Australia have agreed.