"Russia will stop global oil exports if the West’s proposed price cap
makes it unprofitable to continue production, Deputy Prime Minister
Alexander Novak told Russia’s Channel One on Thursday.
“If
these prices which they are talking about are lower than the costs for
oil production… naturally, Russia will not ensure the supply of this oil
to the world markets, which means that we simply will not work at a
negative profit,” he explained, as cited by TASS." RT
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