Kremlin: Russia did not consult OPEC+ regarding oil price cap ‎response

Kremlin spokesman Dmitry Peskov said today, Wednesday, that his country did not consult OPEC+ regarding its response to the Western price ceiling imposed on Russian oil, noting that Russia has the sovereign right to take whatever it deems appropriate to respond to such “illegal measures.”

According to “Reuters”, Russian President Vladimir Putin announced on Tuesday Russia’s long-awaited response to the Western price ceiling, as he signed a decree banning the supply of crude oil and petroleum products to countries that apply the price ceiling for a period of five months, starting from the first of February.

Peskov said that contacts between Moscow and the OPEC + alliance, which includes major oil producers in the world, including Russia, are continuing on other issues.