Kremlin spokesman warned on Friday of a "further imbalance" to global energy markets ahead of an EU ban on Russian oil products due to come into force this weekend.
"Naturally this will lead to a further imbalance of the international energy markets, but we are taking measures to hedge our interests against the risks associated," Dmitry Peskov told reporters.
The European Union (EU) announced a ban on Russian oil products, including diesel, gasoline, and jet fuel. The decision is set to come into effect on Sunday alongside a G7 price cap on these products.
Such a move will expand on an EU embargo on seaborne deliveries of Russian crude oil that was introduced in December 2022.
The EU, G7, and Australia have already imposed a price ceiling on Russia's oil exports.
Russia has said the oil price cap will not affect its military operation in Ukraine and in response banned oil sales to nations and companies that comply with the measure.
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