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Full Version: Russia-Ukraine conflict ‘could further escalate in 2023
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Russia-Ukraine conflict ‘could further escalate in 2023;’ negotiation impossible before ‘key change in battlefield’
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Russia and Ukraine recently accused each other of having no sincerity for negotiations to end the conflict, and Russian President Vladimir Putin said he will sign a decree on retaliatory preventive measures against the introduction of a cap on prices for Russian oil on Monday or Tuesday. Analysts said the confrontation between Russia and the US and the military conflict in Ukraine could be further escalated in 2023.

"I think I will sign the decree sometime on Monday or Tuesday. These are precautionary measures," Putin told reporters on Thursday, according to TASS. As of press time, there has been no information released by Russia about the decree.

The Russian side will wait until the final parameters of the EU embargo are clear, as it doesn't understand what can take the place of Russian oil products in Europe, Russian Deputy Prime Minister Alexander Novak said, according to TASS on Monday.

"Europe used to be a key market for the sale of our oil products. Let us wait and see what decisions they will make in the long run. So far, we don't know what can take the place of our fuel," Novak said.

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