Iran Restoring Oil Output to Pre-Sanctions Levels 'Fair' - Putin

© Sputnik / Mikhail Klementiev / Go to the photo bankRussian President Vladimir Putin at a meeting with foreign investors at the St. Petersburg International Economic Forum (SPIEF)
Russian President Vladimir Putin at a meeting with foreign investors at the St. Petersburg International Economic Forum (SPIEF) - Sputnik International
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Russian President Vladimir Putin said that it would be fair if Iran reached its pre-sanctions levels of oil output.

HANGZHOU (Sputnik) – Russian President Vladimir Putin said Monday he thought it would be fair if Iran were to restore its oil output to the pre-sanctions levels.

"As you know Saudi Arabia did not rule out the possibility of freezing outputs and discussions were ongoing for a long time on this issue. The issue there… is in Iran increasing its output, but in my opinion, and I have said about this before, Iran [was] bound by sanctions – it had a minimal output, and I think it would be fair if Iran reached its pre-sanctions levels," Putin told reporters.

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