Putin: Russia will stop supplying gas and oil if price caps are imposed

Putin said on Wednesday that Russia will stop supplying gas and oil if price caps are imposed, while the European Union faced divisions on how to respond to a deepening energy crisis.

Speaking at an economic forum in Vladivostok, Putin blasted Europe’s calls for a price cap on Russian gas as “stupid,” and said Russia would walk away from its supply contracts if the West imposed price caps on Russia’s exports.