00:00Russian President Vladimir Putin is warning Moscow could halt gas supplies to Europe.
00:06He says the conflict involving Iran and Western restrictions on Russian oil
00:10are pushing global energy prices higher.
00:15Putin also floated the idea of ​​redirecting more gas to emerging markets instead of Europe,
00:21but stressed no final decision has been made.
00:24Global oil and gas prices have risen sharply after U.S. and Israeli strikes on Iran
00:30triggered retaliatory Iranian attacks across the Gulf.
00:34Just a few years ago, Russia supplied about 40 percent of the EU's pipeline gas.
00:39Last year, that figure stood at around 6 percent.
00:42Algeria, Norway and the U.S. have since stepped in as some of Europe's main energy suppliers.
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