The countries of the Group of Seven (G7) are studying the possibility of setting cap prices for Russian gas.
The G7 countries, including the UK, Germany, Italy, Canada, the USA, France and Japan, are discussing the possibility of setting marginal prices not only for Russian oil, but also for gas. This was reported on Tuesday by the DPA agency, citing diplomatic sources.
The agency notes that the leaders of the G7 are trying to seek leverage on Russia for conducting a special military operation, while preventing further fueling of global inflation. Western countries have agreed to a ban on Russian oil, but they are worried that with soaring energy prices, their restrictions will not have a serious impact on the Russian military budget, as the country receives more money from exports, even if its volumes fall, the agency emphasizes.
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