Discussion on Possible Suspension of Russia's Participation in OPEC+ Agreement

The organization of oil-exporting countries (OPEC) is discussing the possible suspension of Russia's participation in the OPEC+ agreement on oil extraction, as reported by The Wall Street Journal citing its own sources. This information was also mentioned by Газета.

According to sources, such a measure is being considered due to Western sanctions against Russia and the partial ban on Russian oil imposed by the European Union. The organization believes that the restrictions on Russia do not allow it to produce more fuel.

Previously, the organization confirmed that OPEC+ members will continue to increase oil production in June by the planned 432,000 barrels per day.