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On September 26, local time, Bloomberg quoted sources as saying that at the end of last week, the European Commission negotiated with EU member states on the implementation of price limits on Russian oil, trying to find a compromise
.
But because of opposition from countries such as Cyprus and Hungary, the price limit plan may be delayed
.
The source also said that the limit plan still has many details to confirm, including how much the price limit is set
.
In addition, many Member States have different ideas on price limits
.
On the 2nd of this month, the US Treasury Department said that the G7 Finance Ministers had reached an agreement
on imposing restrictions on Russian oil prices.
In this regard, the Russian side has repeatedly said that the plan to impose restrictions on Russian oil prices is "very absurd" and will lead to serious instability in the oil market, and Russia will not supply oil and petroleum products
to those countries that support price limits on Russian oil.