The current crude prices are acceptable for the Russian economy, Russian President Vladimir Putin said after the price of oil dramatically fell to the lowest point in more than a year.
“Today it is difficult to predict how long-term this trend [the drop in oil prices] will become, but in any case, we need to be prepared for different scenarios,” the Russian leader said during a meeting with finance and energy officials as well as the heads of Russian oil and gas majors on Sunday.
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