It's time to revise the " This was stated by the head of the Ministry of Foreign Affairs Dmitry Kuleba.

“Ukraine is confident it is time to revise the oil price cap as the current market price for Urals is below $50/bbl. This decision should ensure a sharp reduction in Russia's income to finance war, massive atrocities and destabilization in Europe and other countries,"

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In December last year, the European Union officially approved the gas price ceiling at €180 per MWh (approximately €1.85 thousand. for 1 thousand. cube. m). Restrictions will apply from February 15, 2023.

The Wall Street Journal wrote that the European ban on Russian oil, combined with the established “ceiling” for the price of Russian barrels, did away with the global oil market.. Instead, a fragmented market appeared, the boundaries of which are determined not only by economics and logistics, but also by geopolitical strategy..