The Kremlin promised to provide an answer to the oil price ceiling in the coming days

The presidential decree, issued in response to the introduction of a price ceiling for Russian oil, will appear in the coming days, press secretary of the head of state Dmitry Peskov told reporters.

“I want to remind you that in Bishkek, the president said that they would discuss the relevant decree, and the president also said that there are still some aspects that are being discussed. In the coming days, this discussion will be finalized and already institutionalized in the form of a presidential decree,” he said.

The EU countries agreed on a price ceiling for Russian oil of $60 per barrel on December 3, the restriction came into force on December 5, along with a ban on the supply of Russian oil by sea to the EU countries. In addition to the EU countries, the G7 countries, Norway and Australia also joined the ceiling.

Russian authorities have repeatedly said that Moscow will not supply fuel to countries that set a price cap or join the cap. The Kremlin said that they do not accept the introduction of restrictions and consider it absurd. The step taken by the Western countries is fraught with problems for the markets in the medium term, spoke earlier Peskov.

As before wrote Vedomosti, the authorities are developing three scenarios to respond to the cap on Russian oil prices. Peskov, commenting on this information, noted that the authorities consider various options, and stressed that the decision would be announced after it was adopted.