The Cabinet of Ministers of the Russian Federation has prepared three options for responding to the oil price ceiling

The Cabinet of Ministers of the Russian Federation has prepared three options for responding to the oil price ceiling

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How report Vedomosti, sources close to the Russian government spoke about the preparation by the Cabinet of Ministers of three options for responding to the introduction by Western countries of a ceiling on prices for Russian oil.

As the first option of feedback, the introduction of a complete ban on the sale of oil by Russia to countries that support these sanctions measures is considered, even if they purchase Russian raw materials not directly, but through intermediary countries.

In the second case, it is proposed to introduce a ban on exports under contracts containing a price restriction clause, regardless of which country is the recipient.

And the third (least probable) option involves the use of an indicative price (determining the maximum discount of Russian Urals oil to the reference grade Brent), and a ban on sales in case of its increase. The least probable.

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