 "Russian President Vladimir Putin")
Russia may cut its oil production in response to the G-7 cap on the price of its crude, President Vladimir Putin said.
A decision on Moscow’s response will be announced in a presidential decree within the next several days, Putin told reporters in comments broadcast on state Rossiya 24 TV, providing no further details.
“I’m not saying now that this is a decision, but if necessary we’ll think about possible production cuts,” Putin said. “I have already said that we simply won’t sell oil to those countries” that participate in a price cap, he said.
After months of planning and
