Russia's Foreign Ministry said on Wednesday that sanctions imposed by the European Union over the crisis in Ukraine will "inevitably" lead to higher energy prices in Europe.
"By going on a sanctions spree, Brussels, by its own will, is creating barriers for further cooperation with Russia in such a key sphere as energy. This is a thoughtless and irresponsible step. It will inevitably lead to an increase in prices on the European market," it said in a statement.
See also:
EU Agrees to Economic Sanctions on Russia Over Ukraine
U.S. Expands Sanctions Against Russia, Rebuffs Talk of New Cold War
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