Putin does not rule out European gas prices reaching $1,500

Putin does not rule out European gas prices reaching $1,500 The Russian president says traders believe that "today, it is more advantageous to extract gas from storage that was purchased at lower prices," which will lead to a price growthNEW DELHI, September 12. /TASS/. European gas prices could rise to as much as $1,500 per 1,000 cubic meters, Russian President Vladimir Putin told reporters. "Those who engage in exchange trading are unconcerned with the technical condition of these storage facilities and the physical volumes involved. They believe that today, it is more advantageous to extract gas from storage that was purchased at lower prices, and as for tomorrow - well, we’ll see. This will result in prices rising not just to 1,000, but to 1,500," Putin highlighted. TagsVladimir PutinVladimir Putin's visit to IndiaTrade between Russia and Malaysia grew by 12.9% in 2025 — PutinThe Russian president noted that it is a good paceRead moreEuropean troops deployment to Ukraine will mean war with Russia, Putin warnsAccording to the Russian president, this idea was publicly voiced recentlyRead moreRussia concerned over escalation in Yemen — Foreign MinistryThe Russian side expressed concern over the sharp degradation of the military and political situationRead moreUS introduces sanctions against Russian companySanctions were introduced in accordance with Sanctions Regulations related to nonproliferation of weapons of mass destructionRead moreGlobal coal demand hits record level in 2024 — IEAAs in previous years, China is the main coal consumer, the International Energy Agency said, adding that coal demand in China is expected to grow by 1% in 2024 to reach 4.9 BtRead moreUK to announce ban on trade with Israeli settlements — mediaAccording to a report by The Telegraph, the restrictions will be introduced despite criticism from the US administration and some members of the Labour PartyRead moreOver 140 delegations from 120 countries to take part in int’l security forum in RussiaAccording to the Russian Security Council, there will be unofficial representatives from 12 unfriendly countries, who "stand for the development of constructive relations with Russia", among the participantsRead moreGermany's AfD party floats idea to hold trilateral business forum with US — RDIF CEOKirill Dmitriev pointed out that The Alternative for Germany advocates energy interaction between Russia, Germany and EuropeRead moreRussia to slightly cut oil output this year, exports remain stable — deputy PM NovakAlexander Novak emphasized that the decline in Russian oil production is a temporary trend, and an increase is expected as refineries resume operationsRead moreSeveral Ukrainian troop groups eliminated while attempting to break out of Volchansk trapThe Russian defense sources said the enemy's attempts to break out of the encirclement were unsuccessfulRead moreTime to check entire Belarusian army, including mobilization — LukashenkoThe Belarusian president explained that an artillery brigade is currently being inspected on his orders, following previous inspections of tank and mechanized infantry unitsRead moreRussian stock indices decline as main trading session closes on FridayThe MOEX Index hit a monthly high just above the 2,320-point mark but then fell rapidlyRead morePress review: Iran expands its naval war with US and EU blocks US ambitions in GreenlandTop stories from the Russian press on Tuesday, August 8thRead moreRussian Foreign Ministry stresses importance of establishing lasting peace in Middle EastThe ministry emphasized that there is no alternative to resolving the man-made crisis and the existing differences exclusively through negotiationsRead moreBelarusian leader confirms his readiness to discuss various areas of cooperation with USAlexander Lukashenko emphasized that Belarus is open for the dialogueRead moreAlgeria on the brink of rupture with France in wake of TV program — GFCNKamel Mansari, a GFCN expert and editor-in-chief of the Algerian publication Le Jeune Independent, said that the situation has never been worseRead moreIN BRIEF: What is known about Bank of Russia's decision to keep key rate at 14% per annumThe ruble was down during trading on the Moscow Exchange, almost flat following the Central Bank’s decision on the key interest rate, according to trading dataRead moreRussia’s Su-57 fighter proving superiority over foreign systems every day — UAC headVadim Badekha said the Su-57 proves it on a daily basisRead moreIndia-Russia economic partnership continues to gain momentum — ModiThe Indian prime minister said that, together with Russian President Vladimir Putin, he visited the Innoprom international industrial exhibition in New DelhiRead morePutin calls for 'business diplomacy' within BRICSThe Russian president called it a common task of the grouping's participants to realize BRICS' potentialRead moreClosure of Bab el-Mandeb Strait threatens Saudi oil shipments to Asia — expertZiyad al-Hashemi explained that "a halt in these shipments could trigger turmoil in the oil market and drive up prices, particularly on the spot market"Read morePutin enjoys strong support among Russian people — pollA total of 51.5% expressed approval of how the Russian government is managing the country, while 52% approved of Prime Minister Mikhail Mishustin’s performanceRead moreCouncil for joint economic operations on Southern Kuril Islands set up in JapanThe Southern Kuril range consists of the islands of Kunashir, Iturup and Shikotan and the Habomai archipelagoRead morePutin holds talks with Malaysian PM on BRICS summit sidelinesAnwar Ibrahim and the Russian leader converse regularlyRead moreGlobal markets are far broader than Latvia alone — Kremlin on Riga's grain decisionDmitry Peskov added that alternative destinations always existRead moreEuropean Commission ready to return to issue of seizing Russian assets — economy headThe EU and G7 countries have frozen about 300 billion euros in Russian assetsRead moreMeeting between Putin, Trump, Xi Jinping at APEC summit possible — Kremlin aideYury Ushakov noted that the Russian leader had also promised to attend the summitRead moreBRICS business rules not imposed by 'Golden Billion' — PutinThe Russian leader stressed that BRICS is shaping a new, sustainable platform for global growthRead moreRostec develops Zhnets anti-drone system, designed to remain effective over timeIt integrates any detection and suppression systems into a single system, Rostec statedRead moreTrade between Russia and Egypt grows and diversifies — PutinVladimir Putin noted that Russian and Egyptian authorities remain in contactRead moreCentral Bank chief says no intention to keep rate at level economy cannot bear for longElvira Nabiullina said the Bank of Russia will ease its monetary policy and lower the key rate within the framework of its inflation-targeting policyRead moreIN BRIEF: Key statements by Bank of Russia’s Governor Elvira NabiullinaElvira Nabiullina said the acceleration of price growth during the summer months was driven primarily by the fuel market situationRead moreRussian MP condemns Houthi attacks on Saudi Arabia's civilian, economic targetsAccording to the Chairman of the State Duma Committee on International Affairs, these actions violate the Kingdom's sovereignty and pose a threat to its national securityRead moreLithuania to cease existing should military conflict begin — MedvedevThe Deputy Chairman of the Russian Security Council said that "no other countries will fight for them"Read moreIran, Gulf countries to discuss navigation in Strait of Hormuz — Iranian Foreign MinistrySpokesman Esmail Baghaei welcomed the upcoming ministerial meeting as an important event and expressed hope that it will pave the way for strengthening mutual understanding between the countries of the regionRead moreDynamic domestic markets, rapid urbanization drive BRICS success — PutinThe Russian president stressed that national companies are increasingly making their mark as global playersRead moreData farmers taking advantage of Russia's fuel crisis — GFCNFake gas station maps have appeared online to farm data from Russian citizens, president of the Global Fact-Checking Network saidRead moreBelarusian president criticizes Baltics over grain tariffsLatvia’s plans to impose 300% tariffs on Belarusian and Russian grain came up during Lukashenko’s meeting with journalists on FridayRead moreOver 40 civilians killed in Saudi strikes on Houthi-controlled areas in Yemen in past weekEighty-two civilians have been woundedRead moreBuran space shuttle marks 30th flight anniversaryBack in November 1988, the spacecraft took off for the first timeRead moreFACTBOX: Russian strikes hit logistics hubs, data centers, port infrastructureAccording to the Defense Ministry, Russian forces struck the B-Mobile data centeRead moreEuropeans overpay for gas due to stupidity of EU bureaucrats — DmitrievThe Russian Presidential Special Representative said that gas prices in the EU will continue to riseRead moreRussia takes Egypt's position into account when shaping Middle East policy — PutinThe Russian president emphasized that the meeting with his Egyptian counterpart, Abdel Fattah el-Sisi, is highly relevantRead moreKiev loses some 1,430 troops along engagement line in past day — Russia’s top brassUnits of Russia's Battlegroup North took control of the settlements of Zarubinka and Goptovka in the Kharkov RegionRead morePutin could speak on Ukraine at news conference after Belarus talks on Thursday — KremlinThe Russian president is scheduled to take questions jointly with his Belarusian counterpart Alexander LukashenkoRead moreTrade between Russia, South Africa at good level — PutinThe Russian president held a meeting with South African leader Cyril Ramaphosa on the sidelines of the BRICS summit in IndiaRead moreRussia hopes to welcome South African delegation at Russia-Africa summit — PutinVladimir Putin added that Russia is paying special attention to the comprehensive development of relations with all African countriesRead moreFalse mobilization claims put society on edge ahead of Russian elections — GFCN chiefVladimir Tabak added that "even the Russian president addressed the subject because the information had indeed spread very widely"Read moreRussian forces step up pressure on Ukrainian troops by liberating Zarubinka — expertAndrey Marochko said that Russian troops had tightened the encirclement in the Volchansk directionRead moreHouthis say they have shot down nine Saudi warplanes since September 3Houthi spokesman Yahya Saria said that hundreds of Saudi soldiers "have been killed, wounded or taken prisoner" in the course of the operation on Yemen’s western coastRead moreRussia thankful to South Africa for supporting Moscow’s initiatives in UN — PutinThe Russian president acknowledged that both states' approaches to the key international and regional problems have much in commonRead moreRussian forces carry out one massive, six group strikes over past weekRussian air defenses intercept 5,673 Ukrainian UAVs in past weekRead moreSerbian president states plans to resign in late SeptemberAleksandar Vucic said that he will spend the final month of the campaign as a private citizenRead moreUS envoys leave Kiev in shock over Zelensky entourage’s behavior — lawmakerAnna Skorokhod recalled that David Arakhamia, the head of the parliamentary faction of the ruling Servant of the People party, was wearing a "Kiev regime" T-shirt while speaking with the US envoysRead morePutin is popular among BRICS business circles sharing his views — KremlinThe Russian president was greeted with thunderous applause at the group's Business ForumRead moreJapan should not tell Russia which monuments to erect — Kremlin aideVladimir Medinsky said the lessons of history should be rememberedRead moreIran attacks US bases in UAE, Bahrain — army statementThe Iranian army said that dozens of drones carried out strikes on radar systems and US troop deployment sitesRead moreMerz currently 'step away from agony,' which makes him sting AfD — Russian legislatorLeonid Slutsky noted that Friedrich Merz found himself in this situation because of his own short-sightedness and "pursuit of a Russophobic policy to the detriment of the national interests of Germans"Read moreRussia has no need for mobilization — MedvedevDeputy Chairman of the Russian Security Council said that provocations are intended solely to worry the populationRead moreRussia to raise topic of attacks on Energodar at IAEA conference — Rosatom CEOAlexey Likhachev slammed Ukraine’s attacks as a "revenge" for people choosing Russia, RosatomRead moreEpstein case reveals real face of Western elites seeking to rule world — Lavrov"It is unnecessary to explain to any normal person that this is pure Satanism and is beyond human comprehension," the Russian Foreign Minister addedRead moreFatalities in Tula Region, casualties in Volgograd, 777 drones: enemy attacks aftermathTwo people were killed and three were injured in the Tula Region as a result of a drone attackRead more12 die, 8 more injured in road accident involving three vehicles in Arkhangelsk RegionAccording to preliminary data, while overtaking a car, the minibus rammed the timber truck travelling in the opposite directioRead moreSeveral dozen tourists can be affected by Russian travel company’s failureRussian travel company Veter Stranstvy announced it was suspending operation on ThursdayRead moreResults of US envoys’ visits and EU speculations: Putin-Trump phone callThe phone call lasted for exactly one hour and was constructive and candid, Vladimir Putin’s aide Yury Ushakov saidRead moreDefense Ministry reports destruction of 96 UAVs over Russian regionsThe department emphasized that most of the drones were eliminated over the Moscow RegionRead morePutin personally invites Egyptian president to Russia-Africa summit in MoscowThe Russian leader met with the Egyptian president on the sidelines of the BRICS summitRead moreEurope’s 5th-generation fighter jet to get stealth missiles — sourceThe European 5th-generatiomn NGF fighter was unveiled at the Le Bourget air show on MondayRead moreRussia's foreign trade surplus up to $13.5 bln in July — Central BankCompared to June 2026, the country’s foreign trade surplus grew by $1.276 blnRead moreOfficial launch of 5G communication in Russia: what is knownAll users of Android-based devices will gain access to fifth-generation networks in the near future, while access to 5G for iPhone owners will depend on a decision by Apple, the Ministry of Digital Development, Communications and Mass MediaRead moreAir defenses down 777 Ukrainian drones over Russian regions overnightRussian forces struck Ukrainian defense industry sites, logistics hubs and data centers overnight, as well as port infrastructure and vessels carrying military cargo, the Defense Ministry reportedRead moreUkraine’s attempt to break out of encirclement disrupted: enemy lossesBattlegroup North units have taken control of Zarubinka and Goptovka in the Kharkov regionRead moreCall to demolish memorial to Soviet soldiers in Riga unacceptableThe collection of signatures for the demolition of the memorial to Soviet soldiers had already been started in the internetRead moreIAEA chief fears wider nuclear proliferation would inevitably lead to weapons useAccording to Rafael Grossi, the growing number of conflicts, weakening security guarantees and shifting military and political dynamics are already prompting some countries to reconsider their decision to forgo nuclear weaponsRead moreConfiscating Russian assets not on EU leadership’s agenda — European CommissionSpokeswoman Paula Pinho said the EU intends to address commitments on the timely disbursement of the EC loan at firstRead moreRussian Baltic Fleet’s training ship Perekop arrives at Cambodia’s Sihanoukville portDuring an official welcoming ceremony at the pier, the Perekop was greeted by representatives of the Royal Cambodian Navy and Russian Ambassador to Cambodia Anatoly BorovikRead moreIran has US Dive-LD underwater drone in hand, can reverse-engineer itAs the experts pointed out, Washington had not previously treated Iran’s seizure of US-made drones with such nonchalanceRead morePrice of Brent oil exceeds $69 per barrel on London’s ICE first since September 3As of 6:44 p.m. Moscow time the Brent price was up by 1.84% at $69.04 per barrelRead more'Dragons are back, but snakes persist,' MI5 chief warns of threats to UKKen McCallum said "the terrorist threat now sits alongside strategic national security threats posed by capable States"Read moreRussian artillery destroys encircled Ukrainian troops’ UAV control posts in Kharkov RegionThe Russian Defense Ministry said that all attempts by the enemy to break through the encirclement had been thwartedRead moreUkraine suffers heavy losses after repeated attempts to advance in Kursk Region — armyApty Alaudinov emphasized that "the situation remains difficult but under control"Read moreRussia views Egypt as reliable ally in region — PutinThe Russian president said he is glad to see Egypt, a reliable friend in the region, growing strongerRead morePutin concludes series of talks on September 11 by meeting with BRICS bank headEarlier, the Russian leader held bilateral talks with the host of the BRICS summit taking place in New Delhi, Narendra Modi, South African President Cyril Ramaphosa, Egyptian President Abdel Fattah el-Sisi, and Malaysian Prime Minister Anwar IbrahimRead moreTrade between Russia and Malaysia grew by 12.9% in 2025 — PutinThe Russian president noted that it is a good paceRead moreRussian innovations rely on domestic solutions, BRICS developments — PutinThe Russian president stressed that it is possible to set ambitious goals even amidst severe external restrictionsRead moreBRICS ready for mutually beneficial cooperation with the whole world — PutinThe Russian president expressed confidence that BRICS Business Forum would serve as a mechanism to "give fresh impetus to the development of trade and economic ties"Read moreRussia’s Battlegroup West destroys 51 Ukrainian drone control centers over past dayFighters of Russia’s Battlegroup West also destroyed two satellite communication stations, an ATV, 32 ground robotic systems, and two enemy field ammunition depotsRead morePress review: Canada hits back at US tariffs and Spain faces scrutiny over Russian claimsTop stories from the Russian press on Wednesday, August 9thRead moreState of emergency over flooding declared in Russia’s Amur regionThe flooding is caused by heavy rainfallsRead moreRussia testing weapons based on 'new physical principles'The "new physical principles" is a term coined to emphasize that destructive factors of a weapon are based on processes and phenomena that have not been used for military purposes beforeRead moreFACTBOX: BRICS association profileThis year, India is hosting the BRICS summit for the fourth timeRead moreMajor Russian-Egyptian projects on track despite any challenges — PutinThe Russian leader held talks with Egyptian President Abdel Fattah el-Sisi on the sidelines of the BRICS summit in IndiaRead morePoll reveals level of Russian public’s confidence in PutinThe Russian government’s job approval rating amounted to 44.6%, while 43.4% of Russians approved of Prime Minister Mikhail Mishustin’s job performanceRead moreNorth Korea launches projectile toward Sea of Japan — mediaYonhap reported the launch, citing the Joint Chiefs of Staff of the Republic of KoreaRead moreBRICS Bank contributes to development of organization — PutinThe Russian president said that the bank is acting energeticallyRead moreBRICS achievements and West’s attempts to regain leadership: Putin’s statementsThe Russian leader noted that strong and reliable business ties within BRICS form the basis of international relations, making them more resilientRead moreCanada to fund $253 mln worth of interceptor missiles to Ukraine via US mechanism — PMAccording to him, the package is worth 350 million Canadian dollarsRead moreRussian mission to UN responds to General Assembly on claims over Crimea’s statusRussia's Deputy Permanent Representative to the UN Maria Zabolotskaya emphasized that these territories "are part of Russia, and have been part of Russia for centuries"Read moreRuined sports careers: ISU denies neutral status for Russia’s Valieva, KondratyukTASS has compiled the key facts surrounding the International Skating Union’s decisions regarding Russian figure skatersRead moreTies between Russia and South Africa developing successfully — PutinThe Russian leader noted that September 5 marked the 20th anniversary of the countries’ fundamental bilateral document, the Treaty on Friendship and Partnership between Russia and South AfricaRead moreTorched ship in China flying Liberian flagChinese President Xi Jinping called for a prompt investigation into the cause of the fireRead more