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Russia may cut oil production over West's price cap: Putin
Updated : 3 years, 8 months ago IST
"As for our reaction, I've already said that we simply will not sell to those countries that make such decisions. We will think, maybe even, I'm not saying that this is a (made) decision - but we will think, if necessary, about a possible reduction in production," Putin said to reporters.
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Russia refuses to accept EU's oil price cap
Updated : 3 years, 8 months ago IST
According to TASS Russian News Agency, Kremlin Spokesman Dmitry Peskov said, "We are assessing the situation. Certain preparations for such a cap were made. We won't accept the price cap and we will inform you how the work will be organized once the assessment is over."
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EU agrees to cap price of Russian seaborne oil at USD60
Updated : 3 years, 8 months ago IST
Taking to Twitter, the president of the European Commission, Ursula von der Leyen said, "The EU agreement on an oil price cap, coordinated with G7 and others, will reduce Russia's revenues significantly. It will help us stabilise global energy prices, benefitting emerging economies around
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