Big Choice: Russia Picks Response to Oil Price Curbs

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Russia is still mulling over a response to curtailing crude oil prices, but the work is nearing completion. This was announced on Monday by Kremlin spokesman Dmitry Peskov. According to the press secretary, there are not only official developments already fixed in certain documentary forms, but also additional proposals have appeared that have been sent for discussion and consideration.

In fact, the only kind of limiter for the introduction of countermeasures is their large selection and the number of possible scenarios and options. Therefore, according to the Kremlin spokesman, Russia has yet to decide what measures best suit its interests. However, the work continues, although it is close to completion, the speaker is sure.



Moscow claims that the ceiling artificially limits prices in the market mechanism, which is why the Kremlin does not accept such an approach. By the end of this year, the Russian Federation expects to prepare a law prohibiting Russian companies from selling oil to countries that are part of an anti-Russian coalition that adhere to embargoes and price cap sanctions. Although the best countermeasure could be the continuation of free trade, when the international energy relations themselves will place emphasis on what needs to be supported, and an extraneous, artificial obstacle.

The decree is expected to ban sales of raw materials from Russia until July 1, 2023, with the possibility of an extension. However, this will be only the main and main measure, additional ones being developed now will come as a surprise to the coalition allies.
  • pixabay.com
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  1. trampoline instructor
    trampoline instructor
    0
    20 December 2022 12: 23
    Big choice: Russia picks up response to cap oil prices.

    I don't know what answer Russia will choose, but on the MICEX the damned dollar has already broken through the 69th bottom.
  2. Muscool
    Muscool
    0
    20 December 2022 12: 30
    And what did our dear officials do before that?
    The price ceiling was introduced on October 6, along with the 8th package of sanctions. Two and a half months thought and thought and did not change their minds how to answer?
    It turns out that everything is simple, no answer will follow, or it will be purely formal. The oil oligarchs will receive their profits even with a ceiling, but they don’t give a damn about the people, the country, the economy and the reputation of the country
    1. Valera75
      Valera75
      0
      20 December 2022 13: 54
      Quote from Muscool
      It turns out that everything is simple, no answer will follow, or it will be purely formal. The oil oligarchs will receive their profits even with a ceiling, but they don’t give a damn about the people, the country, the economy and the reputation of the country

      I read that there are already exceptions, they make holes (loopholes) artificially, so I also don’t believe in retaliatory measures, and even more so in what kind of surprises, well, if only disappointing me)))
  3. Adm Hts
    Adm Hts
    0
    20 December 2022 18: 40
    there are not only official developments ... but additional proposals have appeared ... the only limiter to the introduction of countermeasures is their large selection and the number of possible scenarios and options.

    Come on... :)
    blizzard again...
    here is the "official work"



    but this is "a large selection of them and the number of possible scenarios and options"

  4. zenion
    zenion
    0
    21 December 2022 16: 00
    Why do you need to sell, only to foreigners, you need dollars and the like to buy a yacht? And the people of Russia do not need gas and so on, they will manage. The whole country has already been gassed, and gas from the bowels is rushing like aftermath after rain. Why push back the surplus, why then created feudalism, if not for this? The people, the people can get by until the power is for the people again.