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

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

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During an economic forum in Vladivostok, the Russian president castigated a decision which would be “absolutely stupid”.

Russia will no longer deliver oil or gas to countries that cap the price of hydrocarbons sold by Moscow, President Vladimir Putin warned on Wednesday, as Westerners work on such a measure.

Cap prices “would be an absolutely stupid decision“, he launched during an economic forum in Vladivostok (Russian Far East). “We will not deliver anything at all if it is contrary to our interests, in this case economic. Neither gas, nor oil, nor coal (…). Nothing“, he added.

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