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Kremlin 'will not accept' oil price cap - agencies

Published 03/12/2022, 13:25
Updated 03/12/2022, 14:11
© Reuters. FILE PHOTO: Kremlin spokesman Dmitry Peskov attends an annual end-of-year news conference of Russian President Vladimir Putin, in Moscow, Russia, December 23, 2021. REUTERS/Evgenia Novozhenina

© Reuters. FILE PHOTO: Kremlin spokesman Dmitry Peskov attends an annual end-of-year news conference of Russian President Vladimir Putin, in Moscow, Russia, December 23, 2021. REUTERS/Evgenia Novozhenina

(Reuters) - Russia "will not accept" a price cap imposed by the Group of Seven and its allies on Russian oil, state news agencies quoted the Kremlin as saying on Saturday.

© Reuters. FILE PHOTO: Kremlin spokesman Dmitry Peskov attends an annual end-of-year news conference of Russian President Vladimir Putin, in Moscow, Russia, December 23, 2021. REUTERS/Evgenia Novozhenina

TASS quoted Kremlin spokesman Dmitry Peskov as saying Moscow had prepared for the price cap and was analysing it.

"We will not accept this ceiling," it quoted him as saying. He added that the analysis would be carried out quickly and Russia would then say how it would respond.

Latest comments

they have no choice
there all gas
Kremlin will start eating crude oil ?
What?!
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