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ABC News
ABC News
National

Vladimir Putin warns West could be cut off from Russian energy supply if prices are capped

Russian President Vladimir Putin has threatened to completely cut energy supplies to the West if it tries to cap prices of Russian exports. He also vowed to press on with Moscow's military action in Ukraine until it achieves its goals.

Speaking at an annual economic forum in the far-eastern port city of Vladivostok, Mr Putin scoffed at the EU plans for a cap on Russian oil and gas prices as a "stupid" idea that "will only lead to a hike in prices".

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