Zelensky names the oil price at which Russia will not be able to finance the war
26 June 23:47
During a meeting of the European Council, President Volodymyr Zelenskyy called on the leaders of the European Union to increase sanctions pressure on Russia, limit its oil export revenues, and provide Ukraine with predictable financial and political support. This is reported by the website of the head of state, "Komersant Ukrainian" informs
One of Zelensky’s key messages was the need to lower the price ceiling for Russian oil. In his opinion, only a radical limitation of the Kremlin’s energy profits can force Moscow to end the war.
“The facts are clear: in order to reduce Russia’s appetite for war, its oil profits must decrease. A $45 ceiling may help bring peace closer. But for a real, lasting peace, it is necessary to set the price at $30 per barrel – and we have shared this with our partners from Europe and the United States,” the president emphasized.
Zelenskyy also voiced expectations that the 18th EU sanctions package would focus on:
- russia’s oil trade;
- the “shadow” tanker fleet;
- russian banks and financial channels;
- logistics and supply of components for weapons production.
In addition to sanctions, Zelenskyy drew attention to the need for stable support for Ukraine from its partners. He recalled the importance of freezing Russian assets and using these funds for the needs of Ukrainian defense.
Another important emphasis is Ukraine’s integration into the SAFE (Security Action for Europe) program. Zelenskyy proposed to involve Ukraine in joint arms procurement, as the Armed Forces have practical experience in using modern weapons on the battlefield.
“Ukraine should participate in joint procurement of defense products from both EU and Ukrainian manufacturers,” he said.
At the end of his speech, the Head of State called for support for the opening of the first negotiation cluster “Fundamentals” on EU accession. According to him, this will be not only a technical but also a political signal of European support for Ukraine’s future.
