Putin: Sanctions Have Increased Cost For Sanctioners And Could Lead To A Catastrophe In The Oil And Gas Market!

RN: Russian President Vladimir Putin spoke about the impact of sanctions against Russia on the growth of world prices for gas and oil.

Theses: Europeans are trying to replace Russian energy resources. However, the result of such actions is expected.

This is an increase in gas and oil prices in the spot market and an increase in the cost of energy resources for end consumers. All this once again shows that sanctions restrictions on Russia cause much more damage to precisely those countries that impose them. Further use of the sanctions policy could lead to even more severe, without exaggeration, even catastrophic consequences on the global gas and oil market.