Putin says Russia will return to Black Sea grain deal if a string of calls for are met
Russian state managed information company Tass reviews that President Vladimir Putin has signed a decree on retaliatory measures to the West’s imposition of a value cap on Russian oil. The doc bans provides of Russian oil to consumers who be part of the West’s restrictions after February 2023.
“The supply of Russian oil and oil products to foreign legal entities and individuals is prohibited, provided that the contracts for these supplies directly or indirectly provide for the use of a price fixing mechanism. The established ban applies at all stages of supplies to the final buyer,” in keeping with a decree printed at the moment.
The doc comes into power on February 1, 2023 and is legitimate till July 1, 2023, says Tass.
The ban on the provision of oil established by this decree might be utilized straight beginning February 1.
The ban on the provision of Russian oil merchandise might be utilized “from the date determined by the government of the Russian Federation, but not earlier than from the date this decree comes into force.”
The English language model of the Kremlin web site hasn’t printed it the decree but, however in case you belief Google translate, here it is in Russian.
