Russia claims that Western states are using economic leverage to drive Russian hydrocarbons out of the market
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Russian Foreign Minister Sergey Lavrov said that Western countries are pressuring states in order to prevent purchases of Russian oil. According to him, the goal of this policy is to redirect demand toward expensive American oil and liquefied natural gas.
Lavrov did not provide specific examples of the pressure being applied. The Russian minister's statement appears to be a response to international sanctions against the Russian energy sector that were introduced after February 2022.
Lavrov stated that the West is pressuring countries to abandon Russian oil in favour of expensive American oil. The minister provided no specific evidence, but the accusation appears to be a response to sanctions against the Russian energy sector following February 2022.
Russia's position affects the stability of global oil and gas prices — if Moscow manages to retain its sales markets, prices could remain volatile, which will affect the cost of fuel and electricity in your region. An escalation in rhetoric about pressure increases the risk of further sanctions restrictions, which could affect the energy security of different countries.
Mehmet Yılmaz