Russia will not export oil that is subject a Western-imposed price cap even if Moscow has to accept a drop in oil production, President Vladimir Putin's point man on energy said on Sunday. "We are working on mechanisms to prohibit the use of a price cap instrument, regardless of what level is set, because such interference could further destabilise the market," Russian Deputy Prime Minister Alexander Novak said.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rcQ7h3e
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