Vladimir Putin warns ‘no gas, no oil’ to countries that cap prices

Russia will stop delivering oil and gas supplies to countries that introduce price caps, President Vladimir Putin said Wednesday.

Capping prices, as some Western countries are considering, “would be an absolutely stupid decision,” Putin told the Eastern Economic Forum in the Pacific port city of Vladivostok.

“We will not supply anything at all if it is contrary to our interests, in this case economic (interests),” he said. “No gas, no oil, no coal, no fuel oil, nothing.”