- Home
- Business
- Imposition of Duties on Russian Oil by West Will Lead to Search for Other Sources - Peskov
Imposition Of Duties On Russian Oil By West Will Lead To Search For Other Sources - Peskov
Muhammad Irfan Published May 18, 2022 | 03:30 PM
MOSCOW (UrduPoint News / Sputnik - 18th May, 2022) The introduction of duties on Russian oil by the West will lead buyers to look for alternative sources or increase its price for them, Kremlin spokesman Dmitry Peskov said.
Earlier, Reuters reported that the United States at a meeting of G& finance ministers would offer Europe to impose duties on oil from Russia, which will be a quick alternative to a direct oil embargo.
"This is a matter of economic feasibility, oil buyers will have to pay more or look for alternative sources," Peskov said, answering whether there were risks in this regard for Russia, and whether Moscow would be ready to supply oil to Europe with the introduction of such duties.
Recent Stories
Tennis: ATP Barcelona Open results - 1st update
Swiatek's perfect 10 in Stuttgart as Vondrousova stuns Sabalenka
Arandu's roads closed due to flooding
Oil tanker catches fire in Islamabad’s Blue Area
Pakistan committed to ensure safety of foreign nationals: FO
Tennis: WTA Stuttgart results - 1st update
Four passengers injured as train hit an empty vehicle
Over- speeding bus crushed to death two bike riders
Turkey's Freedom Flotilla ready to set sail for Gaza
French teen dies from heart failure after knife attack near school
Iranians appear unfazed by Isfahan blasts
UAF celebrates Int'l Chinese Language Day
More Stories From Business
-
Pakistan aims to agree outline of new IMF loan in May - Finance Minister
3 hours ago -
FTO commends FBR's role for prompt resolution of tax payers’ issues
3 hours ago -
BISP embraces E-procurement: launches inaugural tender
5 hours ago -
Business community indebted to Ahsan Zafar for his unprecedented services: Yousuf Rajput
5 hours ago -
China auto sector steps up Europe push with Spain plant
5 hours ago -
Condolence reference held in memory of FBR's officials
6 hours ago
-
Health activists ring alarm bells over 10-stick cigarette pack
7 hours ago -
Karachi receives maiden direct flight of Azerbaijan Airlines from Baku
7 hours ago -
PSX turns bullish, gains 619 points
7 hours ago -
Rupee bounces back; gains 13 paisa against dollar
7 hours ago -
Partners join hands for alternate use of marble, granite slury
7 hours ago -
Tokyo's Nikkei index tumbles 3% in morning trade
9 hours ago