Charles Michel: EU wary of Biden’s announcement over Russian gold and oil ceiling

The President of the European Council, Charles Michel, on the sidelines of the summit in Bavaria, expressed the reservation of the European Union regarding the announcement of US President Joe Biden to ban the import of Russian gold and to impose a ceiling on the price of oil.

“We are ready to go into more detail and see if it is possible to target gold in a way that does not hurt ourselves,” said Michel. imposing a ceiling on the price of oil in the producing countries discussed at the summit. “I am careful and cautious. “We are ready to go into detail and make a decision together with our partners, but we want to make sure that what we decide will have a negative impact on Russia and not on us,” he said.

Source: News Beast

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