For Western countries, including America-Germany, Vladimir Putin said, ‘Some Western countries are considering limiting oil and gas prices. Let me tell you that this will be absolutely a foolish decision. “If it is against our interests, we will not supply anything. By compromising on economic interests, no one will get any gas, no oil, no coal or fuel,” he said.
Moscow. Russian President Vladimir Putin on Wednesday warned European countries to cut oil and gas supplies. Putin said that the countries that have imposed price caps, their energy supplies will be cut. Russia is the world’s second largest oil exporter and the world’s largest natural gas exporter after Saudi Arabia. In such a situation, this decision of Putin will directly affect the global energy market. Due to this the world economy will have to face the increase in energy prices.
According to the news agency Reuters report, Putin said these things at the Eastern Economic Forum held in the Pacific port city of Vladivostok. “Some Western countries are considering capping oil and gas prices,” he said. Let me tell you that this will be absolutely a foolish decision. “If it is against our interests, we will not supply anything. By compromising on economic interests, no one will get any gas, no oil, no coal or fuel.”
G7 decides to impose price cap
In fact, the G7 industrial powers have decided to take immediate steps towards imposing a price cap on Russian oil imports. The G7 countries took this decision in order to cut a main source of funds for Moscow’s war in Ukraine. Putin said, ‘Russia will honor its obligations. Hopefully other countries will do the same. So they should remain in their senses.
Pointing to rising energy prices in Europe ahead of winter, Putin said, “Russia will not supply anything outside the current contract.” This is true from an economic point of view. It is dangerous from a social point of view. It would be better to follow the contractual obligations and rules.
Zelensky supports the price cap of G7
Meanwhile, Ukrainian President Zelensky has supported the price cap of G7 on Russian oil. Along with this, he has also appealed to impose a price cap on the price of gas. He said that the G7 decision will affect Moscow’s earnings. He said that Russia has tried to blackmail the rising artificial price of oil. Let us tell you that recently Russia banned gas supply in Europe. Gas in Europe will be more expensive due to the stoppage of gas supply. The economy will also be badly affected.
The attack on Ukraine did not harm, but benefited – Putin
It has been more than 6 months since Russia’s attack on Ukraine. At the same time, Western countries have also imposed many types of sanctions on Russia. Despite this, Russian President Vladimir Putin says that this war has not harmed him, but has benefited. He said that this would increase Russia’s dominance over the world. Putin says this ‘special military operation’ against Ukraine is a turning point after the disintegration of the Soviet Union.
The war is going on since
February 24 The war between Russia and Ukraine is going on since February 24. Russia calls it a special operation. The Ukrainian army is constantly facing Russia on every front. Many soldiers on both sides were killed in this war. Despite this, Ukraine has not bowed down yet. At the same time, NATO has made a big mobilization against this war. NATO has strengthened its position in Eastern Europe. Now Sweden and Finland have also become its members. Russia’s attack on Ukraine was also aimed at preventing NATO from growing.
