📣 Kremlin Warns G7 Sanctions Will Backfire
G7 countries are reportedly exploring options to toughen the price cap on Russian oil - from implementing a full ban on handling Russian crude to lowering the price threshold from the current $60 to about $40. (Bloomberg)
When asked about Russia’s concerns if these scenarios materialis, Kremlin spox Dmitry Peskov warned there would “certainly” be risks to the stability of international energy markets.
“This will inevitably happen and will hit simultaneously those countries that make such decisions,” Peskov noted.
@RiseGS
G7 countries are reportedly exploring options to toughen the price cap on Russian oil - from implementing a full ban on handling Russian crude to lowering the price threshold from the current $60 to about $40. (Bloomberg)
When asked about Russia’s concerns if these scenarios materialis, Kremlin spox Dmitry Peskov warned there would “certainly” be risks to the stability of international energy markets.
“This will inevitably happen and will hit simultaneously those countries that make such decisions,” Peskov noted.
@RiseGS