If the sanctions imposed by the United States and Europe force Russia to reduce oil production with retaliatory measures, world oil prices may reach $380.

According to the report of "APA-Economics", "Reuters" was informed by the US financial holding "JPMorgan Chase & Co."

reported with reference to analysts.

According to reports, G7 leaders are discussing a complex mechanism to limit Russian oil prices to put pressure on Russian President Vladimir Putin to stop the special operation in Ukraine.

However, given the stability of Russia's budget system, Moscow can increase daily oil production by 5 mln. without causing serious damage to the economy.

able to reduce the barrel.

However, for the rest of the world, a possible drop in production in Russia could have disastrous consequences.

According to analysts, the supply is 3 million per day.

A barrel reduction can bring prices to $190 in London, and in the worst case (a reduction of 5 million barrels) to $380.