MOSCOW, March 21 (Reuters) - Russia said on Thursday
that the United States was unlikely to agree to a Ukrainian
proposal to lower the price cap on Russian oil to $30 a barrel
but said Washington had for decades tried to use oil as a weapon
against its global rivals.
After Russia sent troops into Ukraine in 2022, the West
sought to sink the Russian economy by imposing a myriad of
sanctions and in 2022 imposed a $60 a barrel price cap on
Russian oil.
President Vladimir Putin says Russia's wartime economy -
which grew 3.6% last year - has thrived despite the sanctions,
and that Russia, the world's second largest oil exporter, has
plenty of buyers for its oil.
"The other day I read that Ukraine was trying to convince
the United States to lower the cap price on Russian oil to $30 a
barrel," Russian Foreign Minister Sergei Lavrov said in an
interview. "This goes beyond all bounds."
"It is significant that the United States is unlikely to go
along with Ukraine," Lavrov said. He argued that such a lowering
of the cap would have a serious impact on both the global oil
market and on the U.S. economy.
Lavrov also said that China and India will be able to absorb
oil supply from the OPEC+ group of leading oil producers, where
Russia plays an important role.