Russian Official Predicts Europe, UK Will 'Beg' Moscow for Energy, Citing Lack of Preparedness
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Russian Official: Europe, UK Will 'Beg' Moscow for Energy Amid Crisis
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News18•27-03-2026, 12:51
Russian Official: Europe, UK Will 'Beg' Moscow for Energy Amid Crisis
•A senior Russian official, Kirill Dmitriev, warned Europe and the UK will face a severe energy crisis and 'beg' Russia for oil and gas supplies.
•Dmitriev predicted oil prices could soar to $150–$200 per barrel, leading to a 'most powerful energy crisis' Europe is unprepared for.
•He stated the West 'shot itself in the foot' by reducing reliance on Russian energy after Ukraine conflict sanctions.
•Russia expects many requests for energy and will decide whether to supply, strengthening its position as a major supplier, especially with BRICS trade.
•Rising energy prices, exacerbated by Middle East tensions and disruptions, have caused economic crisis and social unrest in Europe, with gas prices exceeding €2 in some areas.