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Continued sanctions against Russia and the warning of a spike in energy prices

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    Russian president warns the western countries that if sanctions on Russia remain like that and continue over time, he will rise the energy prices for the west.

    Russia is the second-largest oil exporter after Saudi Arabia. European imports 40 percent of its oil and gas from Russia. Due to Ukraine war European countries put sanctions on Russia. The president of Russia Vladimir Putin warns the west of increasing energy prices if sanctions will remain to continue.

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