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11/30/2020, 11:32 AM (Source: TeleTrader)
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Kremlin: Putin doesn't plan to contact Riyadh today

Kremlin spokesman Dmitry Peskov explained on Monday that Russian President Vladimir Putin does not plan to hold talks with foreign officials about the Organization of the Petroleum Exporting Countries (OPEC) oil production cut deal today.

Speaking at a press conference, Peskov specified that the Russian head of state will not discuss the matter with Saudi Arabia, the United Arab Emirates or Kazakhstan.

Moscow and Riyadh have reportedly reached a mutually acceptable solution on the matter, while the United Arab Emirates and Kazakhstan are allegedly reluctant to agree to the extension of the reduction deal.

Breaking the News / MS