HomeAmericaRussia says new EU sanctions will hurt developing countries

Russia says new EU sanctions will hurt developing countries

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MOSCOW, April ‌24 (Reuters) - Russia said on Friday that ​new European Union sanctions on its oil and ⁠gas would hurt developing countries and the EU itself, and promised to retaliate.

The ​EU adopted a 20th package of sanctions against ‌Russia over Moscow's war in Ukraine on Thursday, including further restrictions on the transportation of Russian ⁠oil and gas and sanctions ⁠against oil producers and refineries.

"All this is happening amid a global energy crisis and resource shortages that are being acutely ‌felt in most regions of the world," ⁠Russian Foreign Ministry spokeswoman Maria ‌Zakharova told reporters at ​her weekly press conference.

"By attempting to further destabilize energy markets, Brussels is hurting both ‌itself and developing countries, which ​are no ⁠longer able to afford energy at artificially ‌inflated prices."

She said ⁠the sanctions also threatened food security as they included restrictions on fertilisers.

"We will take retaliatory ​measures. They ‌will be tough, designed in accordance with our ⁠interests," Zakharova added.

(Reporting ​by Filipp Lebedev; Writing by Mark Trevelyan ​and Anastasia Teterevleva)

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