Kremlin says it is finalising last details of response to oil price cap By Reuters

© Reuters. FILE PHOTO: Crude oil tankers, including Troitsky Bridge vessel, lie at anchor in Nakhodka Bay near the port city of Nakhodka, Russia, December 4, 2022. REUTERS/Tatiana Meel/File Photo

(Reuters) – The Kremlin said on Friday it was finalising the last details of how it would respond to the West’s imposition of a price cap on Russia’s oil exports.

Moscow has repeatedly said it will not sell oil to countries that comply with the cap and has promised to publish a presidential decree outlining Russia’s full response this week.

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