Vladimir Putin threatens not to deliver oil or gas if prices are capped

Vladimir Putin threatens not to deliver oil or gas if prices are capped

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Russia will no longer deliver oil or gas to countries that would cap the price of hydrocarbons sold by Moscow, warned Vladimir Putin on Wednesday, September 7, at a time when Westerners are working on such a measure. During an economic forum in Vladivostok (Russian Far East), the Russian President launched:

” [Plafonner les prix] would be an absolutely stupid decision. We will not deliver anything at all if it is contrary to our interests, in this case economic. »

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“We will not supply anything outside the framework of the contracts” signed with importing countries, said Mr. Putin in front of Russian and Asian economic leaders. “But those who try to impose something on us are not in a position today to dictate their will to us. »

Boomerang

The Russian leader called on European countries to “come back to reason”at a time when voices are rising in the West to accuse Russia of using energy as a “weapon” in retaliation for sanctions related to the Russian military intervention in Ukraine. Charges dismissed Wednesday by Vladimir Putin: “Another nonsense! »he launched.

According to the Russian president, Europeans, faced with soaring prices, “have several solutions: either subsidize the high prices [de l’énergie] (…), or reduce consumption”.

Vladimir Putin then warned:

“From an economic point of view, it is correct. But from a social point of view it is dangerous. This can cause an explosion. It is better to respect contractual obligations, civilized rules. It is impossible to interfere with “objective” economic laws. Otherwise it will come back to you like a boomerang. »

Read also: Gas supply in France: eight questions to understand everything

“We believe that the peak of the situation has passed. The situation is normalizing”, however, welcomed Vladimir Putin. According to him, ” this is explained by [une amélioration] macroeconomic indicators »with notably “an unemployment rate at its lowest, at 3.9%” and “falling inflation”.

Prices, already on the rise in Russia due to the post-pandemic recovery and soaring commodity prices, had flared up following sanctions imposed on the country for the entry of its troops into Ukraine, the end of February.

The World with AFP

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