Kremlin spokesman Dmitry Peskov also told reporters in a daily briefing that Russia will do everything to protect itself from the plans by the Group of Seven (G7) to impose two sets of price caps on Russian oil products.

A G7 official said on Tuesday that the coalition will seek to set two price caps on Russian refined products in February, one for products trading at a premium to crude oil and the other for those trading at a discount.

(Reporting by Dmitry Antonov; writing by Vladimir Soldatkin)