Putin reveals the consequences of limiting Western purchases of Russian oil

Russian President Vladimir Putin has warned of a significant rise in prices due to plans to limit oil purchases from Russia.

Putin explained that proposals to limit the purchase of oil from Russia would lead to a situation similar to gas, and prices would rise significantly.

“Now we hear all sorts of crazy ideas about limiting Russian oil, limiting the price of Russian oil. This is the same thing that happens with gas. The result, surprisingly, even people with higher education say that the result,” the President told reporters. It will be the same, rising prices. Oil prices will skyrocket.”

Source: RIA Novosti

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