Moscow, May 10 -- The energy outlook for the European union and the United Kingdom has further deteriorated amid expected deeper cooperation between Russia and China in the oil and gas sector, according to Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF) and special presidential envoy for economic cooperation with foreign countries.
His remarks came after Russian President Vladimir Putin said on Saturday that Moscow and Beijing had reached a "high level of agreement" to take a significant step forward in expanding cooperation in the energy sector, particularly in gas and oil.
Commenting on Putin's statement on social media platform X, Dmitriev said, "EU/UK energy options during the worst energy crisis in history just got...