UPDATE 1-Russia says better Iran-Saudi Arabia ties would help oil prices

Reuters

UPDATE 1-Russia says better Iran-Saudi Arabia ties would help oil prices

Reuters

UPDATE 1-Russia says better Iran-Saudi Arabia ties would help oil prices

RIA/ Feb 15 Russia wants to see improved relations between Iran and Saudi Arabia at a time when joint action is needed to influence global oil prices, the RIA news agency on Monday quoted Zamir Kabulov, a senior official at Russia's Foreign Ministry, as saying. Russia, one of the world's top oil producers, has repeatedly refused to cooperate with the Organization of the Petroleum Exporting Countries in recent years despite the falling price of oil, the lifeblood of its economy. Any hope of sealing a global output deal has so far foundered ...

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Feb 15, 2016

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