https://sputniknews.com/20220705/blinken-expected-to-discuss-russian-oil-price-cap-during-g20-meetings—-us-state-dept-1096994688.html
Blinken is expected to discuss Russia’s oil price caps during the G20 meeting-US State Department
Blinken is expected to discuss Russia’s oil price caps during the G20 meeting-US State Department
Washington (Sputnik)-US Secretary of State Antony Blinken is expected to address the issue of Russia’s oil price caps at the upcoming Group of Twenty (G20) … 05.07.2022, Sputnik International
2022-07-05T21: 44 + 0000
2022-07-05T21: 44 + 0000
2022-07-05T21: 44 + 0000
Antony Blinken
g7 summit
oil
Russian sanctions
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“G7 leaders discussed price caps as a way to achieve the goal of continuing to supply energy to the global market, while preventing the Kremlin from earning income that would allow it to continue prosecuting the war with Ukraine.” Said Kremlin Brink on Tuesday. “And I’m looking forward to it at the G20. This energy security issue will be discussed by Secretary Blinken not only at formal meetings, but also with bilateral officials.” June 28. At the G7 meeting in Germany-30, leaders of the seven most economically advanced states decided to introduce new restrictions on Russia’s oil transport if Moscow disagrees with lower oil prices. Announced a communiqué that said it would consider. G7 leaders also reaffirmed their commitment to curb their country, including phasing out or banning Russian oil and coal imports. Reliance on Energy Products At the same time, the G7 is a scheme for capping oil prices through options such as oil-producing countries to ease tensions in the energy market and the most vulnerable countries and the G7 communiqué to allow Russia’s maritime crude and oil. Said that it could be carried out. Products that are shipped worldwide only if purchased below the agreed price threshold.
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Antony Blinken, G7 Summit, Oil, Russian Sanctions
Washington (Sputnik)-US Secretary of State Antony Blinken is expected to tackle the issue of Russia’s oil price caps at an upcoming Group of Twenty (G20) meeting, the Bureau of East Asian and Pacific State. Assistant Secretary of State Daniel Kritenbrink of the Bureau told reporters.
“G7 leaders discussed price caps as a way to achieve the goal of continuing to supply energy to the global market, while preventing the Kremlin from earning income that would allow it to continue prosecuting the war with Ukraine.” Said Kremlin Brink on Tuesday. “And I’m looking forward to it at the G20. This energy security issue will be discussed by Secretary Blinken not only at formal meetings, but also with his bilateral responders.”
At the G7 meeting in Germany on June 28-30, leaders of the seven most economically advanced states introduced new restrictions on Russia’s oil transport if Moscow disagrees with oil cuts. Announced a communiqué that said it would consider doing. price.
G7 leaders also reaffirmed their commitment to curb their dependence on Russia’s energy products, including the phased abolition or ban on Russia’s oil and coal imports.
At the same time, the G7 encouraged oil-producing countries to ease tensions in energy markets and expand production to mitigate the impact on the most vulnerable and affected countries.
The G7 communiqué said it could implement an oil price cap scheme through options such as allowing Russian offshore crude and petroleum products to be shipped worldwide only if purchased below the agreed price standard.
https://sputniknews.com/20220705/blinken-expected-to-discuss-russian-oil-price-cap-during-g20-meetings—us-state-dept-1096994688.html Blinken is expected to discuss Russia’s oil price caps during the G20 meeting-US State Department
