Putin: OPEC + Alliance is committed to the agreement to reduce production

Baghdad, Russian President Vladimir Putin stressed that the Alliance of the countries "OPEC +" is committed to the terms of the agreement on the reduction of oil production.

"We have agreements under the OPEC Plus, and we are committed to them, and we have no information that Saudi Arabia or other members of OPEC are ready to get out of these agreements," Putin told reporters in Beijing at the end of the second International Belt and Road Forum.

According to the Bloomberg News Agency, US President Donald Trump confirmed in a tweet, "I have talked to Saudi Arabia and others about increasing the flow of oil, and everyone is OK," his administration said Monday, adding that it would not extend the exemptions granted to a number of Iranian oil importers, who were allowed to continue buying despite US sanctions on Tehran.

Source: National Iraqi News Agency