RIA Novosti: Russia Says EU Sanctions Will Hurt Energy Market in Europe

EU sanctions against Russia’s energy sector will inevitably lead to a price hike on the European energy market, the Russian Foreign Ministry said Wednesday.

“Obsessed with sanctions, Brussels is itself creating barriers for further cooperation in such a key sector as energy industry,” the ministry said in statement.

“It is a senseless and irresponsible step, which will inevitably cause European energy market prices to rise,” the statement said.

The ministry stressed: “The economies of Russia and the European Union are ‘communicating vases’ and the switch to the ‘third wave’ started by Brussels is to affect the economic situation in the EU not less than in Russia.”
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