Zelenskyy’s chief of staff: ‘Necessary to lower it to $30’ per barrel

The price cap on Russian seaborne crude oil agreed to by Western countries should be lowered to $30 per barrel to hit Russia’s economy harder, a senior Ukrainian presidential aide said.

“This was everything that was proposed by the McFaul-Yermak group, but it would be necessary to lower it to $30 to destroy the enemy’s economy quicker,” Andriy Yermak, the head of Ukraine’s presidential administration, wrote on Telegram, referencing an international working group on sanctions.