‘This Will Have Consequences For The World Economy’ – Putin Asks EU And The West Not To Stop Using Russian Oil

Vladimir Putin has warned against further attempts for Western countries to replace Russian oil with alternatives.

He said: “This will have consequences for the world economy and the consequences of that such steps can be very painful.”

Even what he calls “unfriendly countries” have not been able to stop using Russian gas.

It comes as Russia says supplies have been running into Europe, despite Western commitments to ween themselves off Russia’s supply.

Mr Putin admitted there has been disruption in payments for oil and gas (after he demanded payment be made in Roubles), and said gas companies are “responsible” players in the global market.

He also accused the US of having more expensive supply lines, adding Russia’s is stable and cheap.Photo Credit: Getty