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The United States will not announce a price limit for Russian oil before the elections: so that quotes do not take off

Ukraine (bbabo.net), - The White House does not plan to announce a price ceiling for Russian oil before the midterm congressional elections, so as not to provoke a rise in quotations and a decrease in the Democrats' ratings.

The US authorities will announce a price ceiling for Russian oil after the November 8 midterm elections. It is reported by The Wall Street Journal, citing government officials. According to them, the statement about the limit could lead to Russia again threatening to cut off supplies to those who support the price limit, which will lead to higher oil prices. And this would have hit the positions of the Democrats on the eve of the elections.

Earlier, Bloomberg reported that the White House plans to soften the conditions for the price cap on Russian oil and allow a higher rate. Earlier, the US announced a ceiling of $60 per barrel, while Russian oil is sold in October at an average of $70, and, based on this price, the Russian state budget for the next year has been drawn up.

Rising oil prices and, accordingly, fuel this year hit the ratings of US President Joe Biden.

The United States will not announce a price limit for Russian oil before the elections: so that quotes do not take off