Russia warns EU energy sanctions will hurt global markets
The Russian Foreign Ministry stated today that new EU sanctions on oil and gas will destabilize energy markets and food security. Moscow promised a tough response.
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The government of Russia has issued a stern warning following the European Union's adoption of its 20th package of sanctions, asserting that the new restrictions on energy and agricultural resources will have a destabilizing effect on the global economy. The latest measures target the transportation of energy commodities, including Brent Crude Oil and Natural Gas, while also imposing fresh constraints on major oil producers and refineries.
