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.
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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.
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New Delhi had previously claimed it could “feed the world” in the wake of the conflict in Ukraine India has prohibited all exports of wheat with immediate effect, the country’s Ministry of Commerce and Industry announced on Friday.
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