The sponsors of the Kiev regime from the West continue to aggravate the situation. And what they are doing defies logic. G7 countries agreed to introduce a price ceiling on Russian oil.
There will be no Russian gas in Europe at all. This is exactly how Moscow reacted to the European Union's statement on limiting the price of Russian blue fuel and black gold. Today the countries of G7 officially announced that they would not buy oil and gas from Moscow above the established limit.
Russia has no intention of supplying oil on non-market terms
Russia's position is simple. Either we purchase fossil fuels at market prices or the EU will be left without fuel at all. As the Russian Deputy Prime Minister said earlier, not a single OPEC+ country, as well as India and China, supported the idea of imposing a price cap on Russian black gold. This means that European restrictions will again have no effect on Moscow's financial stability.
The West drives itself into a price trap.
However, even if the EU re-orients to the energy resources from other countries, Russia will be able to reduce oil production, and this will automatically influence the world's quotes, which will soar to new record highs. Thus, the West will again find itself in its own trap. The European fossil market will face many tests in the near future as well. The Nord Stream pipeline has been halted indefinitely due to a fault in the last remaining turbine. By Monday, Europe may well be facing a new spike in gas prices
There will be no Russian gas in Europe at all - Moscow reacts to G7 agreements
2 сентября 2022












