InternationalMiddle East

Dispute in the European Union over the determination of the Russian energy price ceiling



According to IRNA from Reuters news agency; The Minister of Industry of the Czech Republic, Jozef Resikla, whose country holds the rotating presidency of the European Union, requested to remove this plan from the meeting schedule of the energy ministers of this body on Friday. Real for Europe’s energy crisis.

EU energy ministers are supposed to discuss the energy crisis in an emergency meeting on Friday. Europe usually supplies nearly 40% of its gas and 30% of its oil from Russia.

Anticipating this proposal, Putin warned at the Vladivostok economic forum that in this case all energy contracts of his country with Europe would be canceled and the West would freeze.

European Commission President Ursula van der Leyen said we will propose a cap on Russian gas prices to reduce the revenue Putin is using to fund his brutal war in Ukraine.

This institution will also implement other measures such as mandatory reduction of electricity consumption during peak hours and setting a ceiling on the income of energy produced from other sources.

The Group of Seven, including the seven wealthy countries of the Western bloc, has recently proposed plans to impose a cap on the price of Russian oil exports in order to limit the country’s ability to lease oil tankers and provide insurance services from other countries that are not members of this group.

According to IRNA’s Sputnik news agency, the President of Russia, in a speech at the “Eastern Economic Forum” in the city of “Vladivostok” today, emphasized: the fever of sanctions created by the West threatens the whole world.

Putin further stated: Russia always defends its national interests and continues to implement its independent policies. It is impossible to isolate Russia in the current situation and Moscow continues to strengthen security in its industrial and economic sector. Russia is looking for more opportunities to enter the markets of Iran and the Middle East.

Referring to the crisis-making of America and its partners in the world and the West facing new challenges, he pointed out: America, England and the European Union are facing a social and economic crisis, while the leaders of these countries ignore the needs of their people. Sanctions against Russia have led to the closure of businesses in Europe.
Even America’s allies are reducing their dollar holdings.

According to IRNA, the “Eastern Economic Forum” has been held every year since 2015 with the aim of attracting foreign investors in Russia. This year’s international forum also started in the last few days in the Russian city of “Vladivostok” and continues until tomorrow. (14 to 17 September)

On February 21, 2022 (March 2, 1400), Russian President Vladimir Putin, criticizing the West’s indifference to Moscow’s security concerns, recognized the independence of the Donetsk and Luhansk People’s Republics in the Donbas region, and three days after that, Thursday, February 24 (March 5, 1400) ) also started a military operation which he called “special operation” against Ukraine.

Since the fifth day of March 1400, at the same time as the beginning of Russia’s special military operations in Ukraine, Western countries led by the United States have imposed extensive sanctions against Moscow.

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