- Analytics
- News and Tools
- Market News
- Russia's Putin: We see problems being created for oil & gas investments
Russia's Putin: We see problems being created for oil & gas investments
Russian President Vladimir Putin said on Tuesday that Russia is seeing problems being created for oil investments, and accused the West of introducing new oil and gas sanctions for political reasons, reported Reuters.
Some EU countries will not be able to completely ditch Russian oil, he continued, adding that Western sanctions and the possibility of an embargo have led to a rise in oil prices. Russian oil and gas revenues are on the rise, Putin noted, adding that the Russian state will help facilitate settlements in national currencies, as well as access to loans and insurance.
Putin warned that energy inflation will hit transport, industry and European consumers and said that Europe will have the most expensive energy resources in the case of a Russian oil embargo. This will result in European economic activity subsiding, Putin noted, who added that we have to discuss additional measures to protect our national interest.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
