The G7 finance ministers issued a joint statement on Russia to limit the price of Russian oil. Many parties have expressed great importance to this. Subsequently, EU Energy Commissioner Simson claimed in an interview with the media that China should also join the Russian oil pric

2026/06/1001:23:34 history 1327

According to Observer.com, the G7 finance ministers issued a joint statement on Russia to limit the price of Russian oil. Many parties have expressed great importance to this. Subsequently, EU Energy Commissioner Simson claimed in an interview with the media that China should also join the Russian oil price limit plan. In addition, U.S. Treasury Secretary Yellen also tried to persuade China to participate in the plan during previous talks with high-level Chinese officials. In response, Mao Ning, the new spokesperson of my country's Ministry of Foreign Affairs, responded on September 5 that limiting oil prices will only make the situation increasingly tense, and China hopes that relevant countries can make efforts to ease the international situation.

The conflict between Russia and Ukraine has not yet ended. In order to continue to crack down on Russia, the G7 issued a joint statement setting a price ceiling on Russian oil after many discussions and deliberations. According to the statement, the specific measures to limit the price of Russian oil are still subject to discussion and have not yet been fully determined. U.S. Treasury Secretary Yellen said on September 2 that the G7 will conduct in-depth discussions on plans and measures to limit the price of Russian oil in the next few weeks and provide a final specific implementation plan as soon as possible.

The G7 finance ministers issued a joint statement on Russia to limit the price of Russian oil. Many parties have expressed great importance to this. Subsequently, EU Energy Commissioner Simson claimed in an interview with the media that China should also join the Russian oil pric - DayDayNews

Subsequently, Russia stated that the G7’s price-limiting plan for Russian oil would lead to extreme instability in the oil market and adversely affect the development of the world economy. If unfriendly countries insist on establishing a "buyer monopoly alliance" and set price ceilings on Russian energy, Russia will also take countermeasures. On September 2, Russia announced that the "Beixi-1" natural gas pipeline will stop all aspects of gas transmission to Europe indefinitely.

html On September 3, EU Energy Commissioner Simson made relevant remarks on the topic of price limits for Russian energy. Simson claimed that with current international oil and natural gas prices soaring, setting a ceiling on Russian energy prices would allow more countries to import oil at lower prices. Therefore, Western countries should insist on imposing price limits on Russian energy. Simson emphasized that in order to increase the power of the "buyer monopoly alliance", countries such as China and India should also join the plan.

The so-called "Buyer Monopoly Alliance" is actually an agreement signed by Western countries to limit the price of Russian energy and impose some regulations on the import of Russian energy by the members of the agreement. If the price of Russian energy exceeds the agreed price, none of the members of the agreement will be able to purchase Russian energy, forcing Russia to find no buyers and sell energy at low prices. In this way, Western countries can not only achieve the purpose of sanctioning Russia, but also obtain a large amount of lower-priced oil, natural gas and other energy.

In fact, after the United States proposed a plan to limit the price of Russian oil, U.S. Treasury Secretary Yellen began lobbying various countries to participate in the plan. On July 5, Yellen also extended an invitation to China in this regard during talks with senior Chinese officials. The Chinese Ministry of Commerce subsequently issued a relevant response and expressed opposition to the US plan.

html On September 5, Mao Ning, the new spokesperson of the Chinese Ministry of Foreign Affairs, made relevant remarks in response to the G7 agreement to limit the price of Russian oil when being asked by reporters. Mao Ning said that oil is an indispensable energy source for industrial society, and it is crucial to ensure the security of global oil supply. The G7's insistence on limiting the price of Russian oil will only make the situation increasingly tense and is not conducive to the stability of the international situation. China hopes that the relevant countries can make the right decision and make constructive efforts to ease the situation.

Mao Ning is the 33rd spokesperson of the Ministry of Foreign Affairs of China. He officially met the media on September 5. He has been engaged in diplomatic work for 27 years and has rich diplomatic experience.

China and Russia are strategic partners of cooperation, and China insists on developing a healthy and friendly cooperative relationship with Russia. In the conflict between Russia and Ukraine, China withstood the pressure from Western countries, maintained a neutral attitude, and carried out normal cooperation with Russia. On the issue of price limits for Russian oil, China will also stick to its past position

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