The European Union and the "Big Seven" have agreed to limit Russian revenues by imposing an oil price ceiling of $60 per barrel.

European brokers will simply not transport more expensive raw materials to third countries, Zoryana Stepanenko, correspondent of Radio Liberty, told TSN.

Tense and sometimes exhausting negotiations that lasted more than a week ended.

The Group of Seven and the EU agreed a long time ago to introduce a ceiling price for oil, but what exactly should the price be - diplomats had to find common ground to make the agreement work.

One of the countries that slowed it down was Poland. 

And not because she didn't want to "cut" Russian income.

On the contrary: together with the Baltic countries, it sought and urged others to inflict the most painful blow on the budget of the aggressor.

The introduction of this limit will reduce the price of a barrel, which currently stands at $80 on the market, by four times.

This offer strongly contrasted with the one made by "Sema Group" - 65-70 dollars per barrel.

The owners of the tanker fleet, which carries, in particular, Russian oil, were in no hurry to agree even to this threshold.

Greece, Cyprus, Malta were worried that they would lose too much money.

However, a compromise was finally reached on the eve.

The ceiling, against which the prices of Russian marine raw materials will rest, was set at the level of 60 dollars. 

"This increases the impact of our sanctions, and secondly, it will reduce Russia's income.

And thirdly, at the same time, it stabilizes global energy prices, as it allows operators from the European Union to trade, broker and transport operations with Russian marine oil in relation to third countries, provided that it is sold at a price lower than the limit," said the President of the European Commission, Ursula von der Leyen.

In other words, the fleet of "Group of Seven", the European Union and Australia, which also joined the agreement, will not be able to transport or carry out any other operations with Russian oil sold for more than 60 dollars per barrel.

The exceptions are now, a kind of transition period, only for tankers where oil has already been loaded.

They are given 45 days to deliver it to its destination from the day the restriction comes into force, which is already from Monday.

From December 5, the oil embargo, the approval of which was so difficult in the summer, will come into effect, that is, the European Union will give up Russian oil and stop buying it.

The marginal price for it was necessary so that Russia did not rush to earn thanks to third countries.

Earlier, the Kremlin warned that they would not sell oil to countries that would support the "ceiling" of prices.

Meanwhile, the "Group of Seven" and the EU will review it every two months so that the ceiling price corresponds to the current market situation.

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