Lavrov says OPEC+ still relevant for Moscow

Russian Foreign Minister Sergei Lavrov said on Wednesday that cooperation through the OPEC+ grouping remains relevant for Russia.

Speaking in Saudi Arabia on the latest leg of a visit to the Middle East, Lavrov told a news conference: “The principles of cooperation on this basis (OPEC+) retain their significance and relevance.”

The Wall Street Journal reported on Tuesday that some OPEC members were considering suspending Russia from an oil production deal as Western sanctions hurt its ability to produce more.