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US Treasury Secretary Yellen recalled the global consequences of sanctions against Russia

The head of the US Treasury, Janet Yellen, admitted that the desire to hit Russia will come back to haunt the world with global consequences. It is obvious.

Now Washington and its European partners are preparing a package of sanctions against individuals and companies in the Russian financial sector. Restrictions may also affect exports. But do not forget that Russia plays an important role in the energy market, being one of the main suppliers of oil and gas.

In an interview with Agence France-Presse, Yellen noted that the US administration is working with its allies to protect them "as best as possible" from possible consequences.

Not so long ago, expert Ryan Sitton recalled that in 2008 and 2009, the shortage of oil on the world oil market was only three percent, but even then the price of "black gold" soared to $140 per barrel. A complete cessation of Russian energy supplies to the EU countries will result in a collapse for the entire world economy.

US Treasury Secretary Yellen recalled the global consequences of sanctions against Russia