Russian President, Vladimir Putin has declared that some
European countries cannot give up on his country’s oil.
Putin stated this on Tuesday during a meeting on the oil
industry, according to CNN.
He noted that countries in Europe have continued to
introduce new sanctions on oil and gas markets, warning this is doing no one
any good but rather is leading to inflation.
The Russian leader said, the European nations, “instead of admitting their own mistakes, are looking for someone to blame.
“The Europeans recognize that they cannot completely give up
on Russian energy resources and it is also obvious that certain EU countries
where the share of Russian hydrocarbons is particularly high, for a long time
will not be able to give up our energy,” Putin said
Putin added that the decisions by the European Union to
adopt “and the declarations about a full renunciation of Russian energy sources
have already caused a rise in prices for oil.”
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