Conflict between the G7 and Russia/ Moscow: We will not sell oil to the supporters of the price ceiling

Afghan Voice Agency (AVA): The finance ministers of seven industrialized countries (USA, Germany, France, England, Canada and Japan), known as the Group of Seven (G7), issued a statement at the end of their virtual meeting on Friday (Sep 2). that they will immediately set and impose a price ceiling on Russian oil and will work to form a "comprehensive coalition" among the countries of the world with the aim of depriving Russia of windfalls from the energy sector.
 
In this statement, the G7 finance ministers also said: The determination and application of the price ceiling is specifically designed to reduce Russia's income and the country's ability to finance the war of aggression, a war that, while fueling the increase in energy prices, increases financial pressure, especially on low-income countries.
 
On the other hand, Kremlin spokesman Dmitry Peskov said on Friday that the companies that apply the price ceiling approved by the Group of Seven will not be among the recipients of Russian oil. While emphasizing that the price ceiling leads to high instability in the global oil market, he pointed out that it is the European citizens who pay the price for such actions.
 
However, the Kremlin spokesman said that Moscow is studying the impact of imposing a price ceiling on Russian oil exports on the country's economy.
 
Meanwhile, following Russia's military invasion of Ukraine and the imposition of western sanctions against Moscow, the price of energy in the world has increased. European countries that are more dependent on Russian energy are facing the serious challenge of oil and gas shortage.