The head of the ECB spoke about the consequences of the EU's refusal of Russian gas and oil

“Of course, with regards to oil and gas, a sharp boycott would have a significant impact,” TASS quoted her as saying.

According to Lagarde, the ECB is "closely following" developments.

Earlier, German Economy Minister Robert Habek said that the country is experiencing a "new poverty" due to rising energy prices.

Economist Vasily Koltashov, in an interview with PolitExpert, spoke about the situation with the supply of energy resources to Europe.