The USA will introduce price restrictions on Russian oil products from February 5
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Since February 5, the USA has introduced a price ceiling for Russian oil products at the level of $100 and $45 per barrel, depending on their category. This is stated in the message of the US Ministry of Finance.
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The corresponding order, published on the department’s website, was signed by US Treasury Secretary Janet Yellen.
Price ceiling
A ceiling of $100 per barrel is set for oil products trading at a price higher than crude oil, and $45 for cheaper ones.
As reported, such a price for oil products was agreed by the European Union with the countries of the “big seven”.
Read also: G7 agreed on price ceilings for oil products from the Russian Federation at the level of $100 and $45
The EU wants to ban the import of Russian oil products on its territory from February 5, but at the same time introduce a price ceiling for Russia’s export of this product to third countries together with the G7.
Source: Ministry of Finance
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