You are here: Home » International » News » Economy
Business Standard

Putin pushes for oil freeze deal with Opec, exemption for Iran

The Russian president said he may recommend completing the plan when he meets Saudi Deputy Crown Prince at the G20 summit

Bloomberg 

VladimirPutinsaidhe'dlikeOpecandRussia,producersofhalfoftheworld'soil,toreachadealtofreezesupplyandexpectsthedisputeoverIran'sparticipationcanberesolved. "Fromtheviewpointofeconomicsenseandlogic,thenitwouldbecorrecttofindsomesortofcompromise,"PutinsaidinaninterviewinVladivostok."Iamconfidentthateveryoneunderstandsthat.Webelievethatthisistherightdecisionforworldenergy." WhiletalkscollapsedinApriloverwhetherIranshouldjoinin,countriesnowrecognisethecountry-freedjust ...

Related Search
First Published: Sat, September 03 2016. 00:17 IST
RECOMMENDED FOR YOU