Will continue to sell oil and gas to EU

He commented on petroleum exports at a government meeting in Moscow on Thursday.

“We will fulfill all our obligations regarding energy supply,” Putin said, according to Russia’s Interfax news agency. He described Europe as Russia’s most important energy buyer.

As a result of the Ukraine war, the United States and Britain have declared that they will stop importing Russian oil. Germany has suspended the process for approving the Nord Stream 2 gas pipeline, which would have transported more Russian gas to the EU.

On Monday, the Russian government announced for the first time that gas exports to the EU could be slowed in retaliation. Deputy Prime Minister Aleksandr Novak said that Russia had the right to stop deliveries via the Nord Stream 1 pipeline.

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