This is a recurring manipulation of the discussions about the energy sector and sanctions on Russia. This also contradicts another pro-Kremlin narrative that the oil price cap will destroy Europe.
Although the price cap on Russian oil is expected to limit oil price surges experienced throughout the world as a result of the Russian aggression against Ukraine, the goal of the cap is not to benefit Europe. It was initiated by G7 states and supported by the EU as an additional sanction for Russia’s unprovoked aggression against Ukraine. If the cap causes oil prices to go down as a secondary effect, that would benefit most of the global economy, especially low-income countries, which have suffered the most due to rising energy costs. It was noted by the Council of the EU that:
The price cap on Russian oil will limit price surges driven by extraordinary market conditions and drastically reduce the revenues Russia has earned from oil after it unleashed its illegal war of aggression against Ukraine. It will also serve to stabilise global energy prices while mitigating adverse consequences on energy supply to third countries.
See also our article Smoke, mirrors and gas: the Kremlin deflects blame for the energy crisis - EUvsDisinfo.