OUR White House welcomes the news that European Union “converges”, having reached an agreement on the introduction of a price ceiling of $60 per barrel of Russian oil which is transported by sea, while the US president emphasizes that he remains convinced that the European agreement will help limit Russia’s income.

“We continue to believe … that the price cap will help limit Putin’s ability to profit from the oil market so that he can continue to fund the war machine that continues to kill innocent Ukrainians,” his National Security Council spokesman, John Kirby, told reporters. .

The US official stressed that Washington believes that $60 per barrel is an appropriate price ceiling and will achieve the desired result. “We think this is the right level and we think it will have a positive effect.”

Kirby added that the purpose of the price cap has always been twofold: limit Russia’s ability to profit from oil sales while helping to balance supply and demand.

“Just about a month ago, there were indications that Putin was charging $100 a barrel, so that would be a significant drop,” Kirby said, adding that coalition partners reserve the right to adjust the price ceiling in the future.

^{Source: APE-MEB, Reuters, dpa.}