Moscow warns it may cut production by 5-7 percent in early 2023 as the energy war with the West deepens. Russia may cut oil output by 5-7 percent in early 2023 and halt sales to countries supporting a price cap on its crude and oil products, a senior official has said. Novak, however, said Moscow would ban sales of oil and oil products to countries that join the price cap and companies that demand its observance.
Balanced News: Russia threatens to slash oil supplies in 2023, spooks markets

Our 'quick read' news summary
Read different perspectives from these news sources
More top reads from Balanced News Summary
- Advertisment -