Russia's Novak to discuss Iran issue with Saudi counterpart


FE Team | Published: May 14, 2018 12:49:31 | Updated: May 16, 2018 12:54:20


Russian acting Energy Minister Alexander Novak.

Russia’s Acting Energy Minister Alexander Novak has planned to discuss the US withdrawal from the Iran nuclear deal with Saudi Energy Minister Khalid al-Falih when they will meet at an economic forum in St Petersburg later this month.

Novak on Monday said global oil prices are currently under the influence of geopolitics but ‘fundamentally the market is balancing out’, reports Reuters.

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