Putin: Russia Readies For A Catastrophic Drop In The Price Of Oil

Russia prepared for ‘catastrophic’ drop in energy prices – Putin

Putin Says Russia Prepared For Oil Price Collapse As More Sanctions Threatened -- The Guardian

At G20 summit, Russian president says he regards sanctions over Ukraine as pointless, illegal and likely to harm world trade

Vladimir Putin has admitted for the first time that he is prepared for his country to face a “catastrophic” slump in oil prices, as David Cameron said Europe would have no choice but to step up sanctions if the Russian president did not abide by previous agreements to respect Ukraine’s independence.

Putin was speaking before a bilateral meeting with Cameron on the margins of the G20 summit in Brisbane. The meeting is likely to be a bruising affair, especially after the British prime minister likened Russia to Nazi Germany, saying Europe had learned lessons from history about the way that a big country could bully others.

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More News On Russia Readying For A Catastrophic Drop In The Price Of Oil

Russia prepared for ‘catastrophic’ drop in energy prices – Putin -- RT
Russia Braces for 'Catastrophic' Drop in Oil Prices -- Daily Herald/Bloomberg
Russia braced for 'catastrophic' oil plunge -- Financial Times
PUTIN: We Are Prepared For A 'Catastrophic Decline In Energy Prices' -- Business Insider
Putin says Russia preparing for “catastrophic” oil slump -- Fuel Fix
The ruble tumbles with the oil price -- Deutsche Welle
Oil Falls to Price That Putin Said Could Cause Collapse of Global Economy -- Moscow Times