Macron: Some make money from the war, to put a ceiling on Russian oil prices

- Advertisement -

French President Emmanuel Macron has said he supported the idea of ​​a cap on Russian oil prices at the G7 summit, as he felt that some were making money from the Russian invasion of Ukraine, which has pushed up energy prices.

- Advertisement -

“Some producers and speculators make a lot of money from the war,” Macron said.

- Advertisement -

He added that he was in favor of a Russian ceiling on Russian gas, which would be easier to implement than a ceiling on oil, and that the buyers’ alliance needed to be expanded to allow the ceiling to work on Russian oil.

The G7 is considering a price cap as a way to prevent Moscow from profiting from its invasion of Ukraine, which has pushed up energy prices sharply.

Source: Capital

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot Topics

Related Articles