Russia won't immediately raise oil output after Iran waivers end

Russia won't immediately raise oil output after Iran waivers endRussia will not immediately raise oil output after the United States ends sanctions waivers for buyers of Iranian crude in May, President Vladimir Putin said Saturday. The United States announced this week that, in a bid to reduce Iran's oil exports to zero, it would from May 2 end US waivers that countries such as India, China, South Korea and Turkey currently have on buying Iranian crude.




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