Putin wants to freeze oil output with exemption for Iran
![Photo: Dmitry Lovetsk/AP/Polfoto](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article8780485.ece/ALTERNATES/schema-16_9/putin.jpg)
The oil price dropped from more than USD 50 per barrel of North Sea oil to about USD 45 per barrel in just one week. The continued pressure on the oil price now prompts Russian president Vladimir Putin to state that he would like a deal to be made with the Organization of the Petroleum Exporting Countries (OPEC) to freeze oil production, reports Bloomberg News.
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