Russian President Vladimir Putin threatened to curtail the export of grain from Ukraine and said Moscow was ready to extend its rationing of natural-gas exports and cut off oil and refined products if the West went ahead with a price-cap plan for Russian crude.

The comments, made at an economic conference, represented some of the Russian leader’s starkest and broadest threats over his country’s prodigious commodities exports. He also characterized those threats more directly than in the past as an economic weapon he is willing to wield in response to Western sanctions levied after his invasion of Ukraine.

This post first appeared on wsj.com

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