Zelenskyy says of need to lower price ceiling for Russian oil, strengthening mechanisms for ensuring it

21:50, 26.10.2023 1 min read

Ukrainian President Volodymyr Zelenskyy, speaking via video link at a meeting of the European Council on Thursday, called on EU states, including G-7 and G-20 partners, to work to lower the price ceiling for Russian oil and to strengthen the mechanisms for ensuring it.

“You should pay attention to the current price ceiling for Russian oil - it is obvious that it does not work as effectively as was intended when it was introduced. It is necessary to lower the price ceiling and strengthen the mechanisms for ensuring it. I urge you to work on this together with us and all our partners in G-7 and G-20," he said.