The European Union’s effort to slap a limit on the price of Russian pipeline gas drew a furious response from the Kremlin on Wednesday.
“We will not supply anything at all if it is contrary to our interests,” Russian President Vladimir Putin said. “No gas, no oil, no coal, no fuel oil, nothing.”
Putin’s rage was directed at the EU, where European Commission President Ursula von der Leyen on Wednesday again called for a cap on the price of Russian gas, and at a recent G7 call to set limits on the price of Russia’s oil exports. Both measures are aimed at undermining the Kremlin’s financial ability to wage war in Ukraine.
“We must cut Russia’s revenues which Putin uses to finance this atrocious war against Ukraine,” von der Leyen said as part of a broader speech about ideas for the EU to rein in soaring energy prices that threaten the Continent’s political and economic stability — a situation the Commission president blamed on both Russia and climate change.