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Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Russia to remain No. 1 oil supplier despite price cap: Minister

  • By Al Mayadeen English
  • Source: Agencies
  • 29 Dec 2022 14:51
  • 1 Shares
2 Min Read

Oil prices will not be decided on the basis of any ceilings or restrictions that cannot be compatible with the context of market pricing, according to the Russian Finance Minister.

  • x
  • Model of petrol pump is seen in front of EU and Russian flag colors in this illustration taken March 25, 2022. (REUTERS)
    The model of a petrol pump as seen in front of the EU and Russian flag colors in this illustration taken March 25, 2022. (Reuters)

Russian Finance Minister Anton Siluanov has recently said "Russia is one of the largest oil exporters and it will always be," in response to the introduction of a cap on oil prices.

The top Russian figure made the remarks on Rossiya 24 TV Channel.

Concerning the recently implemented oil price ceiling, the Minister added, "Prices will be established on the basis of market principles, and not on the basis of any ceilings or restrictions that cannot work within the context of market pricing."

It is worth noting that an embargo on Russian maritime oil supply to the European Union went into effect on December 5. 

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At the time, Kremlin Spokesperson Dmitry Peskov said the attempt to control gas prices is unacceptable, stressing that Moscow will make the proper decision, as it did with the regulation on oil.

The EU, the Group of Seven (the United Kingdom, Germany, Italy, Canada, the United States, France, and Japan), as well as Australia, agreed on a price cap of $60 per barrel for Russian oil delivered by sea. 

The United States, the European Union, and the United Kingdom have prohibited their companies from providing transportation, financial, and insurance services to tankers carrying oil from Russia at a price higher than the agreed-upon threshold.

Since the start of the war in Ukraine, Western nations have been seeking methods to reduce Russia's revenue from oil and gas exports. The G7 finance ministers asked all countries to endorse the idea in September by confirming their determination to set a price ceiling on Russian oil.

Today, the sanctions imposed by the EU on Russia are damaging the Europeans themselves and are being rebuffed by an increasing number of citizens of the EU member states. Simultaneously, thousands have been protesting across Europe against skyrocketing energy prices, inflation, and arms deliveries to Ukraine.

  • Russia
  • Oil prices
  • Price cap
  • Finance Minister

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