The former head of BP predicts the disruptions in oil supplies due to the sanctions against Russia.

Tony Hayward, the former head of BP , stated that the sanctions of the EU and the United States against Russian oil market may hit the West itself and lead to supply disruptions and price increases in an interview with the Financial Times, the publication publishes the excerpts from the conversation.

Hayward stated that cutting off the power industry of Russia from the capital markets by the EU and the United States was detrimental to the long-term supplies. "He stated that the shale boom in the United States, on the one hand, reduced the threat to the world's oil supply, but it could lead to the interruptions in the oil supply", - the publication shares the words of the former top manager.

"The world is lulled by the false sense of security in the light of what is happening in the United States", - he stated, referring to the results of the shale boom, during which the oil production in the United States increased by 60% since 2008. "When the United States reached a peak in the production, where the new sources of energy will be?" - He asked.