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The West’s embargo and price caps won’t affect Russian production, the country’s energy ministry says Russian oil output will not fall off a cliff following the imposition of the EU-G7 price cap on the country’s crude, First Deputy Energy Minister Pavel Sorokin stated on Thursday.

The stoppage could be for a prolonged period, according Economy Minister Robert Habeck Germany could be forced to close down entire industrial sectors if there is a nationwide natural gas shortage, Economy Minister Robert Habeck told the newspaper Der Spiegel on Friday.