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Russian President Vladimir Putin stressed, during a telephone conversation with Iraqi Prime Minister Muhammad Shia' al-Sudani today, that the attempt of some Western countries to put a ceiling on the price of Russian oil may lead to dire consequences for global markets.
Sputnik quoted the Kremlin statement as saying: President Putin stressed during the conversation that such practices contradict the principles of market relations, and are likely to lead to dire consequences for global energy markets.
The statement indicated that the Russian and Iraqi sides presented a positive assessment of the joint work with the participation of Russia and Iraq within the framework of OPEC Plus, which makes it possible to ensure the stability of the global oil market.
European energy ministers failed today to agree on a proposal by the European Commission regarding setting a ceiling for gas prices.
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