Russia says the West has exhausted its sanctions

 Russia's top lawmaker believes that the West has exhausted all means to pressure Moscow to end its military campaign in Ukraine.

Speaker of the Russian State Duma (lower house) Vyacheslav Volodin on June 4 said that the US and the European Union (EU) had used up "the arsenal of tools to restrain Russia's development". Over the past three months, the West has imposed unprecedented sanctions against Russia because of Moscow's military campaign in Ukraine.

"The EU has launched the 6th package of sanctions against Russia. When analyzing this, plus the previous decisions of the EU and the US, we can conclude that the arsenal of sanctions to pull back Russia has been exhausted. exhausted," said Mr. Volodin.

"When it comes to new sanctions, Western politicians are forced to choose between a very bad scenario and a very bad scenario for the economies and peoples of other countries," the senior lawmaker said. this".

The Russian parliamentarian said that Moscow is estimated to lose 22 billion a year after the oil embargo from the EU. "However, given the increase in energy prices due to Western sanctions and the fact that Russia will redirect its exports to the Asian market, the damage can be offset," he predicted.

Mr. Volodin said that Europe is currently facing the problem of skyrocketing energy prices and will "have to pay an additional 250 billion euros ($268 billion) a year". "The US is doing everything to ensure that the main burden of Russia sanctions falls on European countries," he alleged. He warned that the EU could face weakening economic consequences and "increasing dependence on the US".

Lawmaker Volodin also emphasized, by overcoming Western sanctions, Russia will become stronger.

Earlier, Russian President Vladimir Putin said that Western sanctions against Russia hurt their own economies, as well as cause a global crisis.

"These sanctions are the main cause of the global crisis. With their short-sighted political ambitions and anti-Russian ideology, the authors of those sanctions have harmed their own national interests. them, their economy, the life of the people," Putin said.

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