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According to Bloomberg today (7th), the United States and its allies are discussing limiting the price of Russian oil to between $40 and $60 per barrel to hit Russia's fiscal revenue
.
The report quoted sources as saying that Western countries began to look for multiple ways after the G7 summit at the end of last month and tried to limit Russia's oil revenues
at the lowest economic cost.
During the G7 summit, leaders discussed forcing Russia to lower oil prices
by banning insurance and transportation services needed to export crude oil and petroleum products.
Ahead of Monday's drop in international oil prices, Russian crude oil exports were estimated at about $80 a barrel
.
The United States and its allies currently want to limit Russian oil prices to $40 to $60 a barrel
.
The final scope will depend on market conditions
when the parties agree to set a cap.
U.
S.
government officials are meeting several times a week to negotiate restrictions on Russian oil prices, and agreement
is expected to accelerate in the coming weeks.
At the same time, the United States is weighing a number of potential restrictions, such as sanctions
on shipping companies that transport Russian oil at high prices, and banks and financial institutions that facilitate Russian oil sales.
Japanese Prime Minister Fumio Kishida also said in a speech on the 3rd that the G7 intends to adopt "price limit" measures
on Russian oil exports.
Kishida said that Russian oil "will not and cannot" be sold
on the international market at a price higher than the limit.
The price of Russian oil will be "cut off"
.
Russian National Security Council Vice Chairman Dmitry Medvedev responded on social media on the 5th that if the West takes such measures, oil prices will soar, "higher than the predicted astronomical amount of $300 to $400 per barrel", and "Japan will neither get oil nor natural gas from Russia, nor will it be able to participate in the Sakhalin 2 LNG project.
"
Russian Presidential Press Secretary Dmitry Peskov also said on the 6th that he currently "cannot answer" the prospect
of Japanese companies participating in this project.
In addition, he said that Japan's "extremely unfriendly" position towards Russia does not contribute to the energy dialogue
between the two sides.
Press Secretary of the President of Russia Dmitry Peskov: Japan takes an extremely unfriendly position towards Russia, and in any case this extremely unfriendly position does not contribute at all to the development of trade and economic relations, including energy dialogue
.