Russian President Vladimir Putin

Vladimir Putin - Russian politician.

Born on October 7, 1952 in Leningrad, now St. Petersburg. Prez signed a decree today banning the supply of oil and oil products to countries that impose a price ceiling on Russian oil, world agencies reported, quoted by BTA.

The measure will take effect from February 1 for a period of five months, until July 1.

"Supplies of Russian oil and oil products to the countries that have introduced a price ceiling will be possible only on the basis of a special decision of the President of Russia," the decree, which was published today, also states.

The Russian Ministry of Energy will monitor how the regulatory act is implemented.

At the beginning of December, the EU, the G7 and Australia established a ceiling on the price of Russian oil, which will be 60 dollars per barrel.

The EU has agreed a ceiling of $60 on seaborne Russian oil

Vladimir Putin