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Putin says there is no need for OPEC+ to intervene in oil market due to Iran-Israel conflict

ReutersJun 20, 2025 4:45 PM

- Russian President Vladimir Putin said on Friday that oil prices had not risen significantly due to the conflict between Iran and Israel and that there was no need for the OPEC+ group of oil producers to intervene in oil markets.

Putin was speaking at an economic forum in St Petersburg.

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