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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Attempts by the West to maintain its hegemony are the main cause of the conflict in Ukraine, Russian President Vladimir Putin has claimed. He added that members of the BRICS group of nations reject the idea of exceptionalism.
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