Putin: Some European Countries Cannot “Give Up” On Russian Oil

Some European countries cannot give up on Russian oil, President Vladimir Putin said on Tuesday.

“European countries continue to introduce new sanctions on oil and gas markets. All of this is leading to inflation, but instead of admitting their own mistakes, they’re looking for someone to blame,” Putin said during a meeting on oil industry.

“The Europeans recognize that they cannot completely give up on Russian energy resources and it is also obvious that certain EU countries where the share of Russian hydrocarbons is particularly high, for a long time will not be able to give up our energy,” he said, adding that the decisions adopted by the European Union “and the declarations about a full renunciation of Russian energy sources have already caused a rise in prices for oil.”