Russian President Vladimir Putin signed the decree with which Russia will block the exports of oil and derivatives for 5 months from February 1 to countries that use the price cap, set at $60 by the EU, G7 and Australia. The export of the fuel will only be possible on the basis of a special decision from Moscow .
The introduction of the ceiling on imports of Russian energy resources did not please the Kremlin.
« Any price limit is unacceptable. We will never approve of this distortion and destruction of the market pricing process,” spokesman Dmitri Peskov said in a recent TV interview .
(Unioneonline/vf)