BRUSSELS (Reuters) – European Union countries have endorsed the Commission’s proposal to cap the price of certain Russian petroleum products, Sweden, the current president of the EU Council, announced on Friday.
The Twenty-Seven have agreed, at the level of their ambassadors to the EU, to limit the price of Russian hydrocarbons called “premium”, such as diesel, to 100 dollars and to 45 dollars that of products at reduced prices. , such as heating oil.
This measure is expected to come into effect on Sunday.
It is part of the efforts of European countries and the G7 to dry up Russia’s sources of revenue in order to limit its ability to finance its invasion of Ukraine.
The EU and G7 countries already decided in December to cap the price of Russian oil transported by sea at $60 a barrel.
(Written by Philip Blenkinsop and Sudip Kar-Gupta, French version Bertrand Boucey, edited by Camille Raynaud)
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