BREAKING NEWS

Russia: Better Iran-Saudi Arabia ties would help oil prices

By REUTERS

FEBRUARY 15, 2016 10:38

MOSCOW- Russia wants to see improved relations between Iran and Saudi Arabia at a time when joint action is needed to influence global oil prices, the RIA news agency on Monday quoted Zamir Kabulov, a senior official at Russia's Foreign Ministry, as saying.

"We all need stability on the oil market and a return to normal (crude) prices," RIA quoted Kabulov as saying. "And these are the key nations, especially Saudi Arabia and Iran, which is striving to return to the oil market, anticipating the removal of sanctions," Kabulov said.

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