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Russian energy minister: Oil market is "fragile" due to low production of some countries
MOSCOW (Reuters) - The world oil market has managed to overcome a crisis thanks to a deal reached in Vienna in 2016 but the market remains "fragile" due to lower production in some countries, including Venezuela, Energy Minister Alexander Novak said on Wednesday.
Novak said at an economic conference in the easternmost city of Vladivostok that the oil market is still affected by geopolitical factors such as uncertainty about Iran.
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