17 Jun 2025

07:26

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Russia Eyes Joint Effort to Steady Shaky Oil Prices

codarx

codarx

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Update date: 2025/06/19

Russia believes that Moscow, its OPEC+ ally Saudi Arabia, and the United States could work together to stabilize the oil market if necessary, the head of Russia’s sovereign wealth fund told Reuters on Thursday. “There was an example when (Russian) President Putin, (U.S.) President Trump and (Saudi) Crown Prince Mohammed bin Salman played a key role in stabilising markets,” Dmitriev, chief executive of the Russian Direct Investment Fund, told Reuters on the sidelines of an economic event in Russia.   “It is early…

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