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Drop in oil price from $90 to $85 to leave Russian budget unaffected, Putin believes

Putin is sure Saudi Arabia will not lower oil prices and cause losses to itself only to influence Russia’s situation

© ITAR-TASS/Natalya Medvedeva

MOSCOW, April 17. /ITAR-TASS/. Russian President Vladimir Putin says the drop in oil price from $90 to $85 per barrel will not seriously affect the Russian budget.

“They want badly to bite us. However, the options to do this are limited. However, there may be some impact, though,” the president commented on the issue during his Q&A session on Thursday.

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