World will still need Russian oil – official ...News

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World will still need Russian oil – official
Western sanctions can’t curb the global appetite for energy, according to Deputy Prime Minister Aleksandr Novak Russian oil will still be in high demand despite the latest EU sanctions on the country’s exports, Deputy Prime Minister Aleksandr Novak said on Tuesday. His statement comes as the EU introduced a ban on Russian seaborne crude along with a $60 price cap. The latter measure has received support from G7 nations (Canada, France, Germany, Italy, Japan, the United Kingdom and the United States) and Australia. According to Novak, this type of interference in market instruments will “certainly affect” the work

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