Russian President Vladimir Putin vowed to continue "dialogue" on Thursday, after his US counterpart Donald Trump shelved a summit but vowed a potentially "overwhelming" response if Ukraine gets and uses US Tomahawk missiles.
"Dialogue is always better than confrontation or any disputes, and especially war. We have always supported the continuation of dialogue," Putin told journalists.
But if Russia was attacked with US Tomahawk missiles, which Ukraine seeks, the response would be "very strong, if not overwhelming," he added.
US sanctions are an "unfriendly" act and "will have certain consequences, but they will not significantly affect our economic well-being," Putin said. Russia's energy sector feels confident, he said.
"This is, of course, an attempt to put pressure on Russia," Putin said. "But no self-respecting country and no self-respecting people ever decides anything under pressure."
Putin said breaking the balance in the global energy markets could lead to a hike in prices that would be uncomfortable for countries such as the United States, especially given the internal political calendar in the United States.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
