Putin: Sanctions lead to catastrophic energy price increases

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Putin: Sanctions lead to catastrophic energy price increases

The Russian president Vladimir Putin stated today that the continued use of sanctions against it of Russia could lead to catastrophic price increases in energy markets, hitting households across the Europe with even higher prices.

“Yes we know the Europeans are trying to replace Russian energy resources”Putin said during a meeting with high-ranking officials.

“However, we expect the result of this type of actions to be an increase in natural gas prices on the spot market and an increase in the cost of energy resources for end consumers”.

All this shows once again that the restrictions imposed by the sanctions on Russia cause much more damage to the countries that impose them. The further use of sanctions may lead to even more serious, without exaggeration, even catastrophic consequences on the global energy market” .

“Let the West try to face us on the battlefield.”

The Russian president Vladimir Putin He challenged the West today to defeat Russia “on the battlefield” in Ukraine, where he said Moscow “hasn’t started the serious stuff yet”.

If the West wants to defeat Russia on the battlefield, it is welcome to try, he said.

“Today we hear that they want to defeat us on the battlefield. What can we say, let them try. We have heard many times that the West wants to fight us to the last Ukrainian. This is a tragedy for the Ukrainian people, but it seems that everything is leading to it”Putin said during a televised meeting with the heads of the lower house of Parliament groups.

The belligerent remarks came as the US and European countries stepped up arms deliveries to Kiev’s military as they try to halt the advance of Russian forces in eastern Ukraine.

THE Russia “he has not yet started the serious stuff” in Ukraine, where he has been waging a major military offensive since late February, President Vladimir Putin said, while confirming that Moscow remains open to talks with Kyiv.

“Everyone should know that we haven’t started the serious stuff yet” in Ukraine, Putin said in a speech, one of his harshest in weeks.

However, he did not announce an expansion of the military operation or any other concrete initiatives.

“At the same time, we do not refuse peace negotiations. But those who refuse them should know that the longer (they refuse), the more difficult it will be for them to negotiate with us,” he added.

Repeating a rhetoric reminiscent of that of Soviet leaders during the Cold WarPutin also denounced Western “totalitarian liberalism” and assessed that the attack on Ukraine marked the beginning of a transition of a world characterized by “American globalized self-centeredness to a truly multipolar world.”

“In most countries, people don’t want that kind of life or that kind of future,” he said. “They are tired of kneeling and humiliating themselves before those who think they are great.”

RES-EMP

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