Bloomberg reported on the US desire to set a ceiling on Russian oil above $60 per barrel
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The US authorities are interested in capping Russian oil prices above $60 per barrel. This value will deprive Russia of oil revenues. At the same time, such a price will keep Russian oil on the market, and this will not lead to a sharp jump in gasoline prices in the run-up to the US midterm elections. The agency reports Bloomberg with reference to sources.
In the early plan of the US Treasury, as the agency notes, it was proposed to set the price range for Russian oil from $40 to $60 per barrel. However, the US presidential administration fears that the low price cap will lead to Russia restricting oil exports and provoking a new price hike. Bloomberg notes that the issue of gasoline prices in the US is very acute. Analysts call him one of the most vulnerable places in the US Democratic Party ahead of the midterm elections, which will be held in November.
In July 2022, Reuters, citing a source reportedthat the G7 countries (Great Britain, Germany, Italy, Canada, France, Japan and the USA) intend to introduce a price ceiling for Russian oil by December 5. From this date, banks, insurance companies and ports will be prohibited from financing the purchase and sale of Russian oil if the price for it exceeds the established level. The main idea of the price ceiling is to deprive Russia of revenues from the sale of oil against the backdrop of a military special operation in Ukraine.
About what happens after the entry of Russian troops into Ukraine, read online broadcasts “b”.
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