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This page is the English version of Almasirah Media Network website and it focuses on delivering all leading News and developments in Yemen, the Middle East and the world. In the eara of misinformation imposed by the main stream media in the Middle East and abroad, Almasirah Media Network strives towards promoting knowledge, principle values and justice, among all societies and cultures in the world

Russia Bans Oil Export to Countries Using Price Cap

News - Middle East: Russian President Vladimir Putin has issued a decree banning oil sales to countries and companies that comply with a Western-backed price cap on Russian oil.

 

Putin signed the decree on Tuesday, banning the supply of oil and oil products to nations participating in the price cap on Russian oil from February 1, 2023 for five months until July 1.

"The supply of Russian oil and oil products to foreign legal entities and individuals is prohibited if the contracts for these supplies" are using a price cap, the presidential decree said.

The decree includes a clause that allows for Putin to overrule the ban in special cases.

#Russia #Putin about day
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This page is the English version of Almasirah Media Network website and it focuses on delivering all leading News and developments in Yemen, the Middle East and the world. In the eara of misinformation imposed by the main stream media in the Middle East and abroad, Almasirah Media Network strives towards promoting knowledge, principle values and justice, among all societies and cultures in the world

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