U.S. official: G7 will cap Russian oil prices, increase sanctions on Russia
G7 leaders will commit on June 28 to a package of new coordinated actions that will increase pressure on Russia and will eventually cap Russian oil prices, a senior U.S. official said on June 27. .
Reuters reported that the U.S. official said on the sidelines of the G7 summit in Germany that the goal of the G7 leaders is to cut Russia’s income through energy sanctions on the one hand, but also to minimize the impact on the G7 economy on the other hand. cascading effects and impacts on the body and the rest of the world.
The report pointed out that the G7 is determined to increase pressure on Russia without stimulating the already soaring inflation that is already affecting the global economy. According to the U.S. official, the G7 countries will work with other countries such as India to limit the revenue Russia can earn from exporting energy.
As for the impact of the U.S. and Western sanctions on Russia since the Russia-Ukraine conflict, Rosneft President Igor Sechin said on June 18 that the U.S. and other Western countries have imposed sanctions without reason, and they have created problems. It spreads to various fields and spreads the crisis to the whole world.
According to foreign media reports on the 26th, due to the reduction of energy supply by Russia, energy prices in EU countries such as France are currently soaring. On the 26th, major French energy companies, including EDF, Angers Group and Total, published a joint open letter in the French "Sunday" published on the same day, calling on the people and enterprises in the country to "immediately reduce" their concerns about natural gas, electricity and natural gas. Use of petroleum products.
According to news from the U.S. Energy Information Administration (EIA) on June 24, its new report "Global Crude Oil Remaining Capacity" shows that in May 2022, due to the decline in the remaining capacity of OPEC and non-OPEC countries, the global crude oil remaining capacity Less than half the 2021 average.
On June 28, local time, Iranian Oil Minister Uchi posted on social media that the turmoil in the global energy market is jeopardizing energy security and causing worrying consequences for all importers in this field, especially in the coming days. winter.
French official local time on the 27th called on oil-producing countries to increase oil production, and expressed hope that Iran and Venezuela would return to the international oil market to curb soaring oil prices due to the conflict between Russia and Ukraine.
Libya's National Oil Company said Libyan authorities may block exports from Sirte Gulf for the next three days as the political crisis worsens. Es Sider, Ras Lanuf, Brega and Zueitina along the Sirte Gulf are all major ports for oil exports.