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Russian Deputy Prime Minister Alexander Novak stated that global oil prices may see a significant decline if the conflict in the Middle East continues. These remarks come at a time when markets are experiencing sharp fluctuations.
Russian Deputy Prime Minister Alexander Novak confirmed that the schedules for compensating excess oil production among OPEC+ member states remain unchanged. This reflects the commitment of member countries to agreed-upon strategies amid significant global market fluctuations.
Russian Deputy Prime Minister Alexander Novak stated that the current crisis in the Middle East is the most severe the world has seen in the last fifty years. He highlighted its significant implications for the global energy market.