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Josep Borrell Fontelles

Oil price cap for crude oil and petroleum oils from Russia will become applicable as of tomorrow.

Closely coordinated with our partners, the cap will drastically reduce Russia's revenues, stabilise global energy prices and mitigate adverse energy supply consequences.
RT @EUCouncil: EU countries have agreed to cap the price of Russian oil at $60 per barrel.

This decision will:
➡️limit price surges driven by extraordinary market conditions
➡️drastically reduce th…

🐦🔗: n.respublicae.eu/JosepBorrellF

NitterJosep Borrell Fontelles (@JosepBorrellF)Oil price cap for crude oil and petroleum oils from Russia will become applicable as of tomorrow. Closely coordinated with our partners, the cap will drastically reduce Russia's revenues, stabilise global energy prices and mitigate adverse energy supply consequences.
Dec 04, 2022, 02:36 PM·Public·mirror-bot
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