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Russia’s Novak sees oil price volatility easing despite Middle East turmoil

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Russian Deputy Prime Minister Alexander Novak expects oil prices’ fluctuations will subside following volatility spurred by the tensions in the Middle East as geopolitical risks are already factored in, he told Al Arabiya News. Novak, who also oversees the broader Russian economy, said the sanctions-hit economy will sustain any pressure and Western-imposed price caps on ...

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