The restrictions against Russia will lead to shortages, a Saudi minister warns The sanctions policies pursued by the US, EU, and allies against Russia, one of the world’s top producers of crude oil, will result in energy shortages in the future, according to Saudi Energy Minister Prince Abdulaziz bin Salman. EU member states have imposed ten rounds of sanctions on Russia in an effort to reduce the country’s revenues from energy exports, in response to the military operation in Ukraine. The latest measures, backed by the Group of Seven and Australia, came into force on February 5. “All of those so-called sanctions,
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