Russia may cut oil production over West's price cap: Putin
Russia may cut down oil production for countries that supported the West's 'stupid proposal' for a price cap on Russian oil, Russia's President Vladimir Putin said on Friday, Reuters reported.
"As for our reaction, I've already said that we simply will not sell to those countries that make such decisions. We will think, maybe even, I'm not saying that this is a (made) decision - but we will think, if necessary, about a possible reduction in production," Putin told reporters.