Russia maintains oil exports with no new OPEC plus plans

The Kremlin confirmed on Thursday that Russia is continuing oil supplies to stabilize global markets during the Iran conflict. No new output initiatives are planned.

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Russia has confirmed it is maintaining its current oil supply levels to global markets to help mitigate the ongoing energy crisis, though the Kremlin stated on Thursday that it has no new proposals for the OPEC+ alliance. The move comes as the international community grapples with significant supply disruptions and inflationary pressures linked to the conflict involving Iran.

A Russian oil tanker, the Anatoly Kolodkin, navigating Matanzas Bay in Cuba during late March 2026. REUTERS/Norlys Perez
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