Switzerland, following the EU, lowered the ceiling on prices for Russian oil

Switzerland, following the example of the European Union, has set a new price limit for Russian oil — $47.6 per barrel. This is stated in a statement published on the website of the Federal Council of the country.

«The Federal Department of Economics, Education and Research has also set a ceiling on Russian oil prices at $47.6 per barrel, which is in line with EU measures and reflects current global market quotations,» the document says.

The Russian authorities have repeatedly stated that the country is able to adapt to the sanctions exerted by the West over the past few years, gradually increasing restrictions. Moscow stressed that Western countries do not have the courage to admit the ineffectiveness of the measures introduced. There were also opinions in Western countries themselves that anti-Russian sanctions were not producing the expected result.

Russian President Vladimir Putin noted that the policy of containing and weakening Russia is a long-term strategy of the West, and sanctions have caused serious damage to the global economy. According to him, their main goal is to worsen the quality of life of millions of people.