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The Independent UK
The Independent UK
National
Shweta Sharma

Putin clashes with own finance minister over damage done to Russian economy by oil sanctions

EPA

Vladimir Putin has shot down concerns of his own finance minister who acknowledged “a problem” with Russia’s energy revenues, underscoring the damage done by Western sanctions to its economy.

In a televised meeting chaired by President Putin through a video link, Anton Siluanov said on Wednesday that Russia’s revenues from oil and gas have taken a hit, blaming deep discounts offered to countries following the Ukraine invasion.

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