Kremlin warns sanctions targeting Russia's oil industry would backfire, cause instability in energy markets Related news

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MOSCOW Kremlin spokesman Dmitry Peskov warned on Friday that sanctions targeting Russia's oil industry would inevitably backfire on their initiators, causing instability in global energy markets. Responding to media reports about potential measures from the Group of Seven nations, Peskov said Russia is aware of these discussions. "Such decisions will create risks for international energy stability and will ultimately harm the countries imposing them," he stressed. Peskov said the sanctions