“It would be almost impossible to make up for a loss on this scale,” Bloomberg quoted Barkindo as saying.

According to him, because of the sanctions, the world may face the loss of Russian oil exports up to 7 million barrels per day.

The head of EU diplomacy, Josep Borrell, said that the possible refusal of the European Union to import Russian energy resources will not stop the special operation of the Russian Armed Forces in Ukraine.

Earlier, the Russian Foreign Ministry noted that the United States is trying to occupy part of the European energy market, using the political situation in the region created by the Americans themselves.

Moscow recalled that the United States is not even able to partially cover the volume of energy supplies that Russia provides to the EU countries.

British Prime Minister Boris Johnson has warned that the West faces "hard times" ahead of weaning off Russian oil and gas.