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Putin warns of “dangerous repercussions” to put a ceiling on Russian oil prices

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Russian President Vladimir Putin warned today, Thursday, of “dangerous repercussions” if a ceiling is imposed on Russian oil prices, while many countries supporting such a measure will soon announce their decision.

Putin said during a phone call with Iraqi Prime Minister Mohammed Shia al-Sudani, according to a Kremlin statement, that “such measures contradict the principles of commercial relations and will likely lead to serious repercussions on the global energy market.”