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Published: Wednesday July 30, 2014 MYT 10:45:02 PM
Updated: Wednesday July 30, 2014 MYT 10:46:06 PM

Russia says EU sanctions to increase energy prices for Europe

MOSCOW (Reuters) - Russia's Foreign Ministry said on Wednesday that sanctions imposed by the European Union over the crisis in Ukraine will "inevitably" lead to higher energy prices in Europe.

"By going on a sanctions spree, Brussels, by its own will, is creating barriers for further cooperation with Russia in such a key sphere as energy. This is a thoughtless and irresponsible step. It will inevitably lead to an increase in prices on the European market," it said in a statement.

(Reporting by Vladimir Soldatkin, editing by Thomas Grove)

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