Rosneft CEO accuses U.S. of using energy as a political weapon

June 6, 2019

ST PETERSBURG (Reuters) – Igor Sechin CEO of Russian oil group Rosneft said on Thursday the United States was using energy as a political weapon and that the U.S. golden age of energy had become an “era of energy colonialism” for other countries.

Speaking at an economic forum in St Petersburg, Sechin said a third of global oil reserves were currently restricted by U.S. sanctions on Iran and Venezuela and Washington was losing moral ground as a leader of market openness.

(Reporting by Dmitry Zhdannikov; writing by Tom Balmforth; editing by Jane Merriman)

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