Russian firms have encountered problems in securing financing for April contracts to sell crude and oil products, but the situation can be resolved, Deputy Prime Minister Alexander Novak was quoted as saying by the Interfax news agency on Thursday.
The United States banned imports of Moscow's oil and gas on Tuesday, while some Western oil companies, such as Shell , have said they will stop buying Russian oil.
Western sanctions haven't had an impact on Russia's oil production yet, as the latest data showed its output rising by 55,000 barrels per day (bpd) to 11.1 million bpd in March from
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