<div style="text-align: justify; "><b style="font-size: 1rem;">Russia will slash its crude oil output by five percent next month, Deputy Prime Minister Alexander Novak announced Friday, in response to a price cap imposed by Western countries.</b><br></div><div style="text-align: justify;"><br></div><div style="text-align: justify;">"Russia will voluntarily reduce production by 500,000 barrels per day in March. This will help restore market relations," Novak said, according to Russian news agencies, adding that the decision was taken by Moscow unilaterally. AFP</div><div style="text-align: justify;"><br></div><div style="text-align: justify; ">bnbd24/kh</div>