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Energy Prices Approaching Economically Justified Levels: Putin

OIL

Russian President Vladimir Putin said that energy prices were approaching “economically justified” levels, and that Russia was continuing to meet its commitments on energy supplies according to Reuters.

  • “Now, thank God, energy prices are approaching an economically justified level, but who is to blame for what had happened? They blew up Nord Stream 1, didn’t start Nord Stream 2,” he said, referring to the gas pipelines from Russia to Germany that were damaged by explosions last September.

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