RT.com
06 Mar 2026, 23:03 GMT+10
Countries that maintained ties with Moscow made a wise strategic choice, Kirill Dmitriev has said
Western efforts to isolate Russian energy have proven counterproductive, Kremlin envoy Kirill Dmitriev has said, noting that the pressure has only pushed Moscow to further develop its economy.
Russian President Vladimir Putin said this week the shipping disruptions as a result of the US-Israeli war on Iran could open opportunities for Russia to expand energy exports. "Against this backdrop, we can look for new buyers who have lost supplies that previously moved through the strait," he said, suggesting Moscow could redirect oil and gas shipments to alternative markets as Gulf flows face a halt.
Dmitriev, who heads the Russian Direct Investment Fund and serves as the Kremlin's special representative for economic cooperation, stated that "Western energy pressure on Russia has failed and is backfiring," in an X post on Friday.
"Countries that partnered with Russia on energy made a wise strategic choice" and will "overcome the energy shock best and will be best positioned for the future."
Dmitriev was responding to a Wall Street Journal report that the US is preparing to press China to cut its purchases of discounted Russian oil and encourage it to buy more expensive American oil instead.
"Probably not good timing," Dmitriev wrote, stating that "Russian energy partners always win."
EU gas prices hit three-year highs this week, sparking renewed calls from politicians across the continent to drop what French opposition figure Florian Philippot called "idiotic" sanctions. Hungary, Slovakia, Italy, Germany, and France have all seen growing demands to resume Russian energy links.
Bloomberg reported on Wednesday that the US will also indefinitely exempt Rosneft's German subsidiaries, currently held by the German government, from sanctions, ensuring refining operations critical to Berlin's fuel supply continue.
Washington has also temporarily eased sanctions to allow India to buy Russian oil to keep crude flowing in the global market.
(RT.com)
Get a daily dose of St Petersburg Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to St Petersburg Star.
More InformationNEW YORK CITY, New York: Oil prices have jumped sharply as escalating attacks in the Middle East raised fears of major disruptions...
Countries that maintained ties with Moscow made a wise strategic choice, Kirill Dmitriev has said Western efforts to isolate Russian...
Countries that maintained ties with Moscow made a wise strategic choice, Kirill Dmitriev has said ...
New Delhi [India], March 6 (ANI): Amid concerns over fuel supply following escalating tensions in West Asia, Indian Oil Corporation...
Kalaburagi (Karnataka) [India] March 6 (ANI): Third seed Vaishnavi Adkar and eighth seed Ankita Raina continued their impressive run...
New Delhi [India], March 6 (ANI): Senior Congress leader Jairam Ramesh on Friday said that the US's 30-day waiver permitting India...
WINDER, Georgia: A Georgia man who gave his teenage son the gun allegedly used to kill two students and two teachers at a high school...
WASHINGTON, D.C.: This year, the White House Correspondents' Association's annual dinner in April will feature a new guest and speaker...
LOS ANGELES, California: A United Airlines flight, with an engine on fire, returned to the Los Angeles airport on March 2, nearly 40...
WASHINGTON, D.C. The Supreme Court has allowed California schools to tell parents if their children identify as transgender without...
SEATTLE, Washington: Amazon's cloud computing division said this week that drone strikes in the Middle East conflict damaged some of...
COLOMBO, Sri Lanka - The U.S. Navy has sunk an Iranian ship in the Indian Ocean, extending its unilateral war on Iran into Southeast...
