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Russia Accuses US of Energy Market Domination Through Coercive Tactics

Russian Foreign Minister Sergei Lavrov has accused the United States of pursuing global energy market domination through coercive means, including coups and assassinations. He stated the US welcomes Russia's marginalization in European energy markets and must respect Russian interests to cooperate. The EU, led by Commission President Ursula von der Leyen, maintains a firm stance against procuring Russian natural gas despite the ongoing energy crisis. This position faces resistance from member states like Hungary, whose Prime Minister Viktor Orban warns of supply risks and calls for suspending sanctions.

Key Points: Russia Accuses US of Global Energy Market Domination

  • US accused of energy market domination
  • Lavrov says US prioritizes interests over agreements
  • EU leaders reject Russian gas despite crisis
  • Hungary's Orban calls for sanctions suspension
2 min read

US attempts to dominate global energy market: Russian FM

Russian FM Lavrov claims the US uses coups and assassinations to control global energy resources, as EU rejects Russian gas amid crisis.

"They are ready to defend this prosperity by any means -- coups, abductions, or assassinations of leaders of countries that have natural resources Washington desires. - Sergei Lavrov"

Moscow, March 22

The United States is pursuing a doctrine of domination in global energy markets, Russian Foreign Minister Sergei Lavrov said in an interview with Russian media.

"They (the United States) care only about their own well-being. They are ready to defend this prosperity by any means -- coups, abductions, or assassinations of leaders of countries that have natural resources Washington desires. All of this is related to oil," said Lavrov on Saturday.

Lavrov further asserted that the United States follows the principle that its interests always take precedence over international agreements, reports Xinhua news agency.

He pointed out that the United States has historically welcomed -- and continues to welcome -- Russia's marginalisation in European energy markets. He emphasised that for the United States to cooperate with Russia, it must first respect Russia's interests.

Earlier on Friday, the Russian Foreign Ministry spokesperson said that European politicians are deliberately plunging their countries into crisis and darkness by continuing to reject Russian energy resources.

"It is not a technical disaster nor any natural cataclysms that are causing the global crisis in the European Union (EU), but rather the decisions of its own leaders, who are simply flipping the switch," Maria Zakharova said in a post on her Telegram channel.

On Friday, European Commission President Ursula von der Leyen confirmed the EU's unwavering position, which categorically precludes member states from procuring Russian natural gas even in the event of a severe energy crisis in Europe, amid the escalation of tensions in the Middle East.

The stance had met with resistance from some of its member countries, heavily reliant on Russian energy supplies. Hungarian Prime Minister Viktor Orban earlier this month called on the EU to suspend sanctions on Russian energy, warning that rising oil prices and supply disruptions pose risks to regional energy security.

- IANS

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Reader Comments

P
Priya S
Interesting to see this perspective. While the US actions are questionable, Russia is also not an innocent party here. They've used energy as a political weapon in the past too. For India, the lesson is clear: we must diversify our energy sources aggressively. Solar, wind, and our own coal reserves are the way forward. 🇮🇳
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Aditya G
The EU cutting off Russian gas is like cutting your nose to spite your face. Their people are suffering with high bills while their politicians make grand statements. India has been smart to keep buying Russian oil at a discount. Our national interest comes first, always. Realpolitik over idealism any day.
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Sarah B
It's a bit rich for Lavrov to talk about respecting interests when his country invaded a sovereign nation. That said, the US's track record on regime change is terrible. The whole situation is a mess. Hoping for more stability so global energy prices can calm down. It's impacting everything.
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Karthik V
This is why we need to fast-track our renewable energy goals. Relying on imports from volatile regions makes us vulnerable. The US, Russia, Middle East – everyone plays their own game. Atmanirbhar Bharat in energy is not just a slogan, it's a survival necessity. Jai Hind!
V
Vikram M
Both sides are blaming each other while common people bear the cost. In India, we feel it at the petrol pump and in our electricity bills. The government's diplomacy of engaging with all sides (US, Russia, Gulf) is the right approach. We need to be friends with everyone for our energy security.

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