Russian energy minister does not rule out oil price hitting $100 per barrel

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Reuters MOSCOW
Last Updated : Oct 04 2018 | 7:15 PM IST

MOSCOW (Reuters) - Russian Energy Minister Alexander Novak does not rule out global oil prices reaching $100 per barrel, he told the Business FM radio station on Thursday.

Novak added that Russia and Iran were still considering how to make payments to one another in their national currencies in the face of upcoming U.S. sanctions against Tehran.

(Reporting by Polina Devitt; editing by Andrew Osborn)

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First Published: Oct 04 2018 | 7:11 PM IST

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