The United States intends to strengthen restrictions on Russia's oil trade, said Deputy Assistant to the US President for National Security Dalip Singh.
"I think we are getting closer to being able to talk about a much tougher regime in relation to both the shadow fleet and the volumes of oil that Russia is able to supply to the market," TASS quoted him as saying.
Singh named another direction of sanctions policy, where the United States intends to increase efforts: This is a decrease in the "interest of third countries producing components that end up directly on the battlefield in the interests of Russia, or from transit cargo delivery." Among such states, he named China (it is the "worst violator" of the US sanctions regime), India, Turkey, the UAE, etc.
The G7 introduced a ceiling on the price of Russian oil in the amount of $ 60 per barrel, as well as on petroleum products — at the level of $ 100 per barrel for diesel, which is sold at a mark-up relative to crude oil, and $ 45 per barrel for fuel oil, which is sold at a discount. For the transportation of products that are sold more expensive than the price limit, companies from the G7 countries cannot provide appropriate services.
In response, Russian President Vladimir Putin signed a decree that implies a ban on the supply of Russian oil and petroleum products (they also have price ceilings) to foreign citizens and companies if the contracts "directly or indirectly provide for the use of a mechanism for fixing the marginal price." The measure will be in effect at least until the end of the year, RBC reminds.
In addition to the price ceiling, the West began to impose sanctions against the "shadow fleet" of Russia. Bloomberg reported in July that dozens of tankers that used to carry Russian oil, after the imposition of US sanctions, are standing empty in different places.