Russian President Vladimir Putin has strongly condemned the latest sanctions imposed by the United States and the European Union, describing them as unfriendly actions that will not improve relations between Russia and the US. Speaking in Moscow, Putin stated that these measures are damaging and will have significant consequences, but he believes they will not severely impact Russia's economy.

The sanctions include restrictions on major Russian oil companies, Rosneft and Lukoil, aimed at limiting Russia's financial capabilities amid its ongoing conflict in Ukraine. Putin remarked, "No self-respecting country ever does anything under pressure," highlighting Russia's resolve against external pressure. He warned that removing Russian oil from the global market could lead to a sharp increase in oil prices worldwide, including in the US, a point he discussed directly with US President Donald Trump.

Putin also mocked the EU's recent ban on exporting toilets and plumbing fixtures to Russia, suggesting that such actions would ultimately backfire on the EU. He stated, "They will find themselves needing Russian toilets if they continue this policy."

In response to the sanctions, Putin asserted that Russia's energy sector remains confident and capable of withstanding the pressure. He cautioned that any military strikes on Russian territory would provoke a serious response, emphasizing the importance of dialogue over confrontation.

As global oil prices surged nearly 5% following the announcement of the sanctions, Putin reiterated the need for continued diplomatic engagement, stating, "Dialogue is always better than some kind of confrontation, than some kind of dispute or, even more so, war." He expressed disappointment over the cancellation of a planned summit with Trump, which was intended to foster dialogue between the two nations.

Overall, Putin's remarks reflect a firm stance against Western sanctions while warning of the potential economic repercussions for both Russia and its adversaries in the energy market.