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Investing.com -- Kremlin spokesperson Dmitry Peskov stated on Tuesday that Russia’s national interests are not influenced by oil prices, despite their crucial role in the country’s budget and overall economy. His comments were in response to U.S. President Donald Trump’s suggestion that the recent drop in oil prices might encourage President Vladimir Putin to resolve the conflict in Ukraine.
Peskov stressed that Russian national interests take precedence over any fluctuations in oil prices. He stated, "Oil prices cannot be a factor that can influence Russia’s attitude towards its national interests. Russia’s national interests are above all else, above any oil prices."
He also mentioned that Russia is collaborating with OPEC+ to maintain oil prices at an optimal level. This is vital for the formation of Russia’s budget and the health of its economy. Peskov added, "Excessively high prices and very low prices, of course, adversely affect the global economy as a whole, so this work continues here."
Regarding the ongoing conflict in Ukraine, Peskov confirmed that Russia is continuing to work with the United States to find a resolution. The Kremlin’s stance on the matter remains clear, with national interests taking priority over oil price considerations.
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