Russian oil refusal would be catastrophic, Russia's deputy prime minister says

Western leaders, like British Prime Minister Boris Johnson, are demanding less dependence on Russian oil supplies across Europe. In response, Russian Deputy Prime Minister Alexander Novak says replacing Russian oil shipments to Europe would last more than a year. Novak says a Russian oil ban would [...]
In response, Russian Deputy Prime Minister Alexander Novak says replacing Russian oil shipments to Europe would last more than a year.
Novak says a Russian oil ban would lead to “catastrophic consequences” for the global market and could bring prices to over $300 per barrel.










