Russian President Vladimir Putin said on Saturday he hoped Iranian oil exports w...
Russian President Vladimir Putin delivers a speech at the opening ceremony for the second Belt and Road Forum in Beijing, China April 26, 2019. Sputnik/Aleksey Nikolskyi/Handout via REUTERS
Washington has demanded that buyers of Iranian crude halt purchases by May 1 or face sanctions, a move to choke off Tehran’s oil revenues. But Putin, in Beijing to attend an investment conference, said he was unaware of any Saudi intention to increase production. He was referring to a global output cut plan signed by both OPEC and Russia which is in effect until the end of June.
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