Mon Jul 04 2022
Eric Whitman (257 articles)

Others may reject Japan proposal on oil price cap, Kremlin says

Others may reject Japan proposal on oil price cap, Kremlin says

Russia needs to wait and see how proposals on capping the price of Russian oil exports are finalised, Kremlin spokesman Dmitry Peskov told reporters on Monday.

Commenting on reports that Japan’s Prime Minister Fumio Kishida had proposed a cap at around half the current price, Peskov said that other countries may disagree with that.

“This statement… does not mean that such parameters will be agreed by other countries,” Peskov told his daily conference call with reporters.

Eric Whitman

Eric Whitman

Eric Whitman is our Senior Correspondent who has been reporting on Stock Market for last 5+ years. He handles news for UK and Europe. He is based in London