Kremlin: US has declared ‘economic war’ on Russia

The Kremlin said Wednesday that the United States had declared “economic war” on Moscow with its actions in response to the Russian invasion of Ukraine.

The comments of Kremlin spokesman Dmitry Peskov came after President Biden announced on Tuesday that the United States would no longer import Russian oil, Reuters reported.

“The situation requires a fairly thorough analysis – these decisions announced by President Biden,” Peskov said. “If you ask me what Russia is going to do, Russia is going to do what is necessary to defend its interests.”

“The United States has definitely declared economic war on Russia and is waging that war,” he added.

Along with the recently announced ban on Russian oil, the United States has imposed severe economic sanctions on many aspects of the Russian economy and sanctioned at least 26 top politicians and oligarchs.

“You see the bacchanalia, the hostile bacchanalia, that the West has sown – and that of course makes the situation very difficult and forces us to think seriously,” Peskov said, according to Reuters.

The West’s coordinated effort to cripple the Russian economy was implemented to pressure Russia to withdraw from Ukraine.

Private companies have also joined Russia’s punishment by suppressing or limiting their activities in the country.

Russia only referred to the invasion of Ukraine as a “special military operation” and tried to misrepresent Ukraine as the aggressor in the situation.

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