The EU Council approves the price cap of 60 dollars for Russian crude oil
No certainty, for the winter. Effect of geopolitical earthquake caused by warand of the progressive undocking of theEurope from the most economically advantageous energy link, the one with the Russia. Business exposures and citizens. Those Italians have seen it grow bill from November, after the slowdown of the previous month. More generally – in the last 12 months – a typical family has spent on gas a 63.7% more compared to the previous year. A kind of roller coaster i prices of hydrocarbons. There bag from Amsterdam however, it closed yesterday with a cost of gas in discounta 135 euros per megawatt hour. To engrave the temperature relatively mild, an increase in flows of LNG – excellent deal, especially for the United States -; not least the hope of a neighbor agreement European on price limit. Complex challenge; then net of any reaction of the Kremlin, which could definitively turn off the taps. The diplomacies of the Old Continent are at work, in view of the Energy Affairs Council extraordinary.
But the road to an agreement – whatever it is – seems far away; The Minister Italian Picket he was clear in saying that a solution might not even be reached. Understanding instead reached up – rather surprisingly -, on roof at the price of Petroleumagreed with the countries of the G7 and Australia. Negotiation complicated by the rigid posture of Poland; finally a summary was found on the share of $60 a barrel. Today the official announcement by the EU Council. It will come into effect Monday; together withembargo of imports by sea, which according to the size of the Commission will stall around 94% of the Greco-Russian destined for Europe. According to some analysts all this will slowly damage Flybut without creating shock to the markets. The Russia”Not will accept” the price cap thundered the spokesman of Kremlin; which remained vague, however, on the possible consequences.