Moscow will not sell oil without making a profit, so the idea of the US snatching it up at a discount after the EU banned almost all imports from Russia is far-fetched, Kremlin spokesman Dmitry Peskov said on Thursday.
He was responding to remarks made by US President Joe Biden, who while discussing his administration’s attempts to bring gas prices down, suggested on Wednesday that due to the EU oil embargo, Russia would be forced to offer its oil to foreign buyers at a huge discount.
“There’d be an overwhelming need for the Russians to sell it, and it would be sold at a significantly lower price than the market is generating now,” Biden said.