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President Iohannis on EU ban on Russian seaborne crude oil: We will deal with consequences in our case

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President Klaus Iohannis on Tuesday stated, regarding the coming into force of the EU ban on Russian seaborne crude oil, that this will also have consequences in Romania, but that the Government will find a solution to this problem as well, according to Agerpres.

„Now there will be consequences, that is very clear, but the Government will also take care of this matter and certainly as good measures have been taken up to now to protect the population, a solution will be found to this problem as well,” said the head of state, before participating in the European Union – Western Balkans Summit, which is taking place in Tirana.

The head of state was asked if Romania will be affected by the embargo on Russian oil and if he thinks that fuel price compensation should be extended.

The European Union (EU), the G7 countries and Australia have agreed to cap Russian oil prices, a measure set to take effect as of Monday. The activation of the cap coincides with the coming into force on Monday of an EU ban on the seaborne Russian crude oil.

Agerpres

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