Putin: We are adhering to our obligations on energy to unfriendly countries

This is an important comment. Putin hasn't taken this off the table but the nightmare short-term scenario would be that if they cut off gas to Europe.

• Sanctions on Russia are not legitimate
• The west is trying to blame Russia for its own mistakes (on the US banning Russian oil)
• Notes that US inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is rising
• We don't intend to break off any relations ourselves

These are important comments. There was a tail risk that Russia would halt oil and gas exports to 'unfriendly' nations but Putin appears to be reluctant to do that (though he's left himself some wiggle room).

• We have agreements with friendly countries on fertilizers
• On fertilizer markets: If the west creates problems for Russia, then there will be inevitable negative consequences for world markets
• We don't want to see price rises on Russian food
• Fertilizer prices could rise further
• Russia decided to temporarily suspend fertilizer exports