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Reuters
Reuters
Business

Russia to face little impact from U.S., UK refusal to buy Russian oil, Ifax reports

FILE PHOTO: Russian Deputy Prime Minister Alexander Novak attends a session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 4, 2021. REUTERS/Evgenia Novozhenina/File Photo

The refusal by the United States and Britain to purchase Russian oil would have little impact on Moscow because they only buy small amounts of Russian crude, Deputy Prime Minister Alexander Novak said on Monday, according to Interfax news agency.

Novak said Russia was in the process of resolving logistical issues linked to its oil shipments abroad and that the country's oil and gas production was continuing as usual despite sanctions.

(Reporting by Reuters; Editing by Edmund Blair)

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