Today: Thursday, 25 April 2024 year

The United States predicted Europe to completely refuse oil supplies from Russia.

The United States predicted Europe to completely refuse oil supplies from Russia.

In the future, European countries may completely refuse to supply oil from Russia, but Moscow will still find markets for its fuel, said American investor Jim Rogers.

“Of course they can get away (from supplies). During the Cold War, the Russians didn’t sell oil to Europe. You remember Mr. Khrushchev, Stalin, Brezhnev – all these people didn’t sell oil to the Europeans. So, of course, they can leave. If all it will be terrible again, the world will have such a period again, and then many people will not be able to buy anything in other countries, so it can happen, but don’t worry, Russia will sell its oil, someone will buy Russian oil. As I said before, none of these things have long-term consequences because people find ways around it,” Rogers said.