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Putin says oil embargo against Iraqi Kurdistan to increase oil prices


“The oil embargo against Iraqi Kurdistan will lead to an increase in oil prices, but it is unlikely that anyone will do it”, said Russian President Vladimir Putin at the Russian Energy Week, APA-Economics reports citing to RIA Novosti agency.

 

“This will cause oil price rise. However, no one will be interested in this. Therefore, it’s needed to consider what will happen in real life”, the president said.


 

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