It's high time for such decisions – Zelensky on limiting prices for Russian oil

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President Volodymyr Zelensky stressed that it is high time to cap Russian gas prices. Thus, the president commented on the decision of the ministers of the G7 countries.

Therefore, Zelensky, in his traditional evening address, thanked Ms. Ursuli von der Leyen, who also spoke about this. The President noted that when this mechanism is implemented, it will become a significant element in protecting civilized countries and energy markets from Russian hybrid aggression. head of state.

These sanctions, according to Zelensky, will not only limit the “flow of petrodollars and gas euros” to Moscow, but will also restore justice for all Europeans, whom Russia is trying to blackmail with artificially inflated prices in the energy market.

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Russian oil price cap

• G7 finance ministers have agreed to impose price caps on Russian oil imports. This will strengthen anti-Russian sanctions.
• Price caps are designed to reduce Russian revenues and Moscow's ability to finance its war of aggression.
• In addition, it will limit Russia's influence on world energy prices .