Russian Deputy Prime Minister Aleksandr Novak, in a statement to reporters in the capital Moscow, evaluated possible sanctions on Russian oil exports. Stating that an embargo on Russian oil would cause a “disaster” in the markets, Novak said, “The price of oil per barrel may exceed $ 300.” said.
“GASOLINE, ELECTRICITY AND HEATING PRICES WILL BOOST…”
Pointing out that alternatives to Russian oil will not be easy to find in Europe, Novak said: “This will take more than a year and will be much more expensive for European customers. European politicians should honestly warn their citizens of what awaits them, that gas, electricity and heating prices will skyrocket.” he said.
“IT WILL LEAD TO DISASTER RESULTS…”
Pointing out that the prices will increase significantly due to a possible embargo on Russian oil, Novak said, “It is absolutely clear that the bans on Russian oil will have disastrous consequences for the global market. The price of oil per barrel may exceed $ 300.” used the phrase.
Explaining that Russia could divert its shipments to other regions in the event of an embargo on oil exports, Novak underlined that no one would benefit from this situation.
Emphasizing that they do not accept the accusations that the Russian army attacked the Zaporozhye Nuclear Power Plant in Ukraine, Novak said, “The Russian armed forces are working in cooperation with the Ukrainian experts working at the facility.” used the phrase. (AA)