The authorities have prepared three responses to the oil price ceiling

The authorities are considering three options for a response mechanism to the introduction by the G7 countries and the EU of a price ceiling on Russian oil imports, a draft presidential decree is being discussed by his administration with the government. The first option is a complete ban on the sale of oil to states that supported the restriction, including if they purchase raw materials from Russia not directly, but through intermediary countries or even their chain. This was told to Vedomosti by two sources close to the Cabinet of Ministers. For example, the supply will be blocked if a neutral country formally buys oil, but a member of the G7 becomes its final recipient, one of the interlocutors specified.

The second option, according to the sources, is a ban on exports under contracts that include a price ceiling condition, regardless of which country is the recipient. The third is the introduction of the so-called indicative price, i.e., the determination of the maximum discount for Russian Urals oil to the reference grade Brent, with an increase in the discount, sales will be prohibited.