Russian oil price ceiling: not enough for kyiv, rejected by Moscow | War in Ukraine

Russia, for its part, has insisted on it They will not accept The cap should be implemented in the coming days to limit Moscow’s financial means of its invasion of Ukraine.

The price of a barrel of Russian oil (crude from the Urals) is currently hovering around $65, slightly above the European ceiling, indicating limited impact in the short term.

Ukraine changes its position

In the morning, Kiev was satisfied with such a binding mechanism and wanted to believe sooner or later. Destruction Russian economy under the weight of international sanctions.

The cold weather prevails in Ukraine as people have to live with intermittent power and rely on help from the Red Cross to survive. (Archives)

Photo: AP/Andriy Andriyenko

should have been reduced [le prix plafond] $30 to clear [l’économie russe] Even fasterHowever, Andriï Iermak, the chief of staff of the Ukrainian president, was mentioned.

In the evening, however, President Zelensky took a more critical position for the West.

Setting such a limit for Russian prices is not a radical decision, it is more convenient for the budget of the terrorist stateHe said, according to Presidential Services.

Russia has already caused huge losses to all countries of the world by deliberately disrupting the energy market. And the world dare not A follow up Real energy disarmament In Moscow, he repented. This is a weak positionHe is the hammer.

Russia will retaliate by cutting off some supplies

The cap was criticized in Kiev and rejected by Moscow. We do not accept this ceilingKremlin spokesman Dmitry Peskov told the press, cited by Russian agencies, that Moscow had already warned it would not supply oil to countries that accepted the move.

In this first reaction from Moscow, Mr. Peskov confirmed that Russia had ready upstream For such ceilingWithout giving further details.

Friday, 27 countriesEUThe G7 and Australia agreed The maximum price is 60 USD [baril de] Crude oil of Russian origin is transported by seaAccording to the terms of a joint press release.

The mechanism will come into force from Monday Or very soon, the G7 and Australia said. The ban is also on this dayEU On Russian oil transported by sea, it would already cut two-thirds of its crude purchases from Russia.

Therefore, only oil sold by Moscow at or below $60 will continue to be supplied. Beyond this ceiling, companies will be prohibited from providing services that allow sea transportation (freight, insurance, etc.).

Germany and Poland have decided to stop their pipeline deliveries by the end of the year, and in addition to the European ban, more than 90% of total Russian imports will be affected, according to Europeans.

Putin to visit Donbass

The Kremlin said on Saturday that Vladimir Putin would go correct time In Donbass, an area in eastern Ukraine he annexed in late September without his army fully controlling it.

For their part, Ukrainian authorities have repeatedly urged citizens to stand their ground despite deteriorating living conditions.

Several times a day, power outages plunge millions of Ukrainians into darkness, not to mention the cold that settles into their homes.

The temperature has been around -5°C in some areas for the past few days and the perceived temperature may be even lower.

A must haveVitaly Kim, governor of the Mykolaiv region in the south, launched on Ukrainian television.

On the other hand, in Kherson, further south, Electricity networks disrupted by enemy bombing have been reconnected And 75% of Kherson has electricity backYaroslav Yanushevich was welcomed by the head of the regional administration.

The fight continues

On the ground, there are fights hard In the east of the country, because The Russians had time to prepare To the attacks of the troops from Kew, the governor of the Luhansk region, Sergey Gaidai, said.

According to the bulletin of the President of Ukraine, the situation is also hard Near Pakhmud, a town in the Donetsk region, the Russians have been trying in vain to capture it since the summer.

In recent days, the battle around Bakhmaut has been of great symbolic importance to Moscow, as its victory followed a series of humiliating defeats in Kharkiv in September and Kherson in November.

Meanwhile, French President Emmanuel Macron has announced that he will speak Soon Security issues surround Vladimir Putin Civil nuclear power in Ukraine after a scheduled meeting on Sunday with the Director General of the International Atomic Energy Agency (IAEA).

French President Emmanuel Macron has announced that he will meet Russian President Vladimir Putin soon. The two have already met several times. (Archives)

Photo: Associated Press/Sputnik, Kremlin Pool

This limit will help stabilize global energy markets […] And will directly benefit emerging economies and developing countries European Commission President Ursula van der Leyen promised on Twitter that Russian oil could be supplied to them at prices below the ceiling.

Ursula von der Leyen, President of the European Commission (Archives).

Photo: Associated Press/Olivier Hostlet