Could Europe follow the US to impose 50% duty on Russian oil? The answer was given by a spokesman for the European Commission on Treasury Ovem Jill, saying that Europe is monitoring developments but charts its own policy. “We have a ceiling of oil prices. We have taken various measures to reduce Russia’s energy revenue. Our policy and target for the ceiling is to limit Russia’s revenue from oil, while supporting the stability of the world energy market. We are aware of the dangers of circumvention, but this is the policy we are currently implementing. There is a coalition to impose a maximum prices that closely monitor markets and industry compliance, “says Jill. The Commission’s spokesman, during today’s European Commission press conference, stressed that it is important to weaken the Russian economy, saying that “Russia is the attacker and that is why it is […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
