
The Northern European and Baltic calls to reduce the price ceiling for Russian oil in the framework of coordination of the G7 countries, to reduce Moscow’s revenues, from which it funds the war against Ukraine. Swedish online publications wrote on Swedish on Sunday, 12 January, pointing out that a letter with a relevant proposal was sent to the European Commission by foreign ministers.In particular, the signature of the Maria Malmer Stenergard, the Chief of Sweden’s Ministry of Foreign Affairs Maria Malmer Stenergard. “The lower the prices for Russian oil, the faster peace will come,”
she said in this connection at a conference on defense in the city of Salen. As calculated by the minister, a decrease in the price by 10 dollars per barrel would initiate a loss for Russia in the amount of 200 billion dollars per year, which corresponds to 15 % of Russia’s military budget.
In October 2022 year the EU and the Great Seven countries agreed that Russian oil should not be sold at a price above 60 dollars US per barrel. At the same time the Sweden’s Minister in Chief Ministry has promised that her country will activate efforts to fight the Russian “shadow fleet”. The means tankers carrying Russian oil that are sailing under foreign flags. They Russia is using to avoid the oil embargo implemented two years ago in
the War in Ukraine. The “shadow fleet” uses old and often uninsured tankers which export crude oil and oil products from Russia to avoid international sanctions. Russia is one of the three biggest global producers of oil. As Reuters reports, after the introduction in the end of 2022 yearзападными странами ценового потолка Россия перенаправила свою нефть
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