The global oil war is raging: a Russian threat of retaliation destroys the markets

Russian Prime Minister Mikhail Mishustin threatened to stop supplying unfriendly countries with oil if they imposed price controls, noting that these attempts would “destroy the entire global market,” according to the Russian “TASS” news agency.

The Russian statement comes in response to statements by US Treasury Secretary Janet Yellen, in which she warned of the possibility of a rise in oil prices if restrictions are not imposed on Russian oil prices, but she stated that the United States and its allies have not yet determined what restrictions should be imposed on oil prices. from Russia.