Russia warned approving “ceiling of prices” for oil of country

Russia will not supply oil and oil products to countries that have agreed to introduce a “price ceiling”, said Russian Deputy Prime Minister Alexander Novak.

Russian media write that, according to Novak, Moscow in this case will redirect the supply of oil for market-oriented partners or will reduce production.

“Russia confirms its status of a reliable supplier of energy to the world market and the market status of our relations with partners. In this regard, we do not plan to supply oil and oil products to countries that will apply the principle of price ceiling with subsequent reorientation of deliveries to market-oriented partners or with a reduction in production, ”said Novak.