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US ‘dismisses the obvious’: sanctions hit those who introduce them - Russian ambassador

Anatoly Antonov continued, "In turn, incessant bans on cooperation with Russian companies, including secondary sanctions, cause disruptions in the supply of products to world markets"

WASHINGTON, November 4. /TASS/. The US authorities are trying to ignore the obvious fact that the restrictive measures they are introducing, including anti-Russian sanctions, are hitting the United States itself, Russian Ambassador to the United States Anatoly Antonov wrote in an article for the National Interest magazine.

"U.S. authorities dismiss the obvious: sanctions are increasingly hitting the countries that introduce them. The same embargoes on Russian resource exports are accelerating record rates of inflation, leading to price hikes at local gas stations, and aggravating the difficulties with supply chains. According to U.S. businesses, a recession is imminent," Antonov wrote.

He continued, "In turn, incessant bans on cooperation with Russian companies, including secondary sanctions, cause disruptions in the supply of products to world markets. On the losing end are the poorer nations, to which our inexpensive and high-quality products are essential for ensuring economic, food, and sometimes national security."

The diplomat added head of the Russian diplomatic mission emphasized that the US damages not only developing countries but also "its own allies, including those in Europe. Having induced European capitals to impose sanctions against Russia, setting them up for an uncontested rejection of the active and, most importantly, mutually beneficial economic dialogue with Moscow built over the years, Washington has achieved its old dream."

Antonov added that Russia will not sell oil at a loss in case oil price cap is introduced. "We will not ensure the well-being of others at our own expense. We will not sell resources to those who artificially hold back prices. Our message is clear: If the mechanism is nevertheless introduced, no one can guarantee that in the future someone will not try to extend this scenario first over gas, then over metals, and, as a result, over any type of goods that Western capitals might focus on at some point," he wrote.