The United States removed the reduction of the ceiling of the price of Russian oil from the statement of the "Big Seven"

At the request of the United States, the words about plans to lower the ceiling on Russian oil prices disappeared from the G7 statement. It is reported by The Financial Times.

"At the meeting of G7 finance ministers held last week in Banff, the Canadian presidency proposed to state in plain text the intention to lower the oil price ceiling in a joint statement, ... however, these words were not included at the request of US Treasury Secretary Scott Bessent," the British edition writes.

The statement itself reads as follows: "We welcome the efforts to achieve a ceasefire. If such a ceasefire is not agreed, we will continue to explore all possible options, including options for maximum pressure, such as further strengthening of sanctions."

France, Germany, Italy and the United Kingdom supported the reduction of the price ceiling, The Financial Times continues. They noted that in order to lower the ceiling of the price of Russian oil, the decision should be supported by all members of the European Union. At the same time, Hungary and Greece, which had not previously agreed to this, are "considering this proposal."

Earlier, Reuters reported that the EU will propose at a meeting of the "Big Seven" to reduce the ceiling to $ 50 per barrel, while the Kiev regime is trying to convince to make it to $ 30.

As EADaily reported, on December 5, 2022 The EU banned the import of Russian oil and, together with the G7, introduced a ceiling on the price of Russian oil for third countries at $ 60 per barrel.

Russian companies had to reorient supplies to new markets, mainly in Indie and China. At the same time, the price of oil from Russia has recovered and exceeded the ceiling already in July 2023. USA, EU and The UK has imposed numerous sanctions on operators and tankers carrying Russian oil. However, this had a limited effect. In the spring of this year, the cost of Russian oil fell below the price ceiling due to a decrease in the global cost of oil.