⚡️🇷🇺 President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from February 1 for five months to nations that impose the cap.

According to Bloomberg, exports of "black gold" from Russia are breaking all records

"The Kremlin today banned exports of Russian crude oil and petroleum products to foreign buyers who adhere to price caps.

According to industry data from Bloomberg, Russia's average daily oil production last month averaged 10.9 million barrels, the highest in eight months," the publication wrote.

Based on: BaiBiden

#oil_ban
#Russian_oil_export

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