Russia will no longer deliver oil or gas if prices are capped, warns Vladimir Putin – Le Figaro

The President of the European Commission, Ursula von der Leyen proposed this measure to the Member States of the Union, this Wednesday morning. The standoff between Vladimir Putin and the European Union is hardening. This Wednesday, the President of the European Commission, Ursula von der Leyen, proposed to the Member States a cap on the price of Russian gas delivered to the EU, in order to “reduce Russia’s income”. “At the beginning of the war, Russian gas by pipeline accounted for 40% of all imported gas. Today, it represents only 9%”, specified the person in charge. By the voice of its president, Russia had as for it warned earlier in the morning that it would not deliver any more oil or gas to the countries that would cap the prices of hydrocarbons sold by Moscow. Capping prices “would be an absolutely stupid decision,” he told the European Union at an economic forum in Vladivostok (Russian Far East). “We will not deliver anything at all if it is against our interests, in this case economic. Neither gas, nor oil, nor coal (…). Nothing”, he added. To read also Between contempt and common interests, the tortuous relationship of Putin and Gorbachev “We will not provide anything outside the framework of the contracts” signed with the importing countries, Vladimir Putin further affirmed in front of Russian and Asian economic leaders. “But those who are trying to impose something on us today are not in a position to dictate their will to us,” he said. Russian leader called on European countries to ‘come to their senses’ as voices rise in the West accusing Russia of using energy as a ‘weapon’ in retaliation for sanctions over intervention Russian military in Ukraine. Accusations rejected on Wednesday by Vladimir Putin: “Another nonsense!”, He launched. “Several solutions” According to the Russian president, Europeans, faced with soaring prices, “have several solutions: either subsidize high (energy) prices, (…) or reduce consumption”. “From an economic point of view, it is correct. But from a social point of view, it is dangerous. This can cause an explosion,” he warned. “It is better to respect contractual obligations, civilized rules,” he argued. “It is impossible to harm objective economic laws. Otherwise it will come back to you like a boomerang”, he warned. SEE ALSO – Western sanctions: It is “impossible to isolate Russia”, warns Vladimir Putin