Novak: Russian oil industry will work stably despite the EU embargo

It is reported by TASS.

Novak noted that the Russian authorities will monitor the development of the situation.

"I am sure that our industry will work regularly, stably," the Deputy Prime Minister said.

Earlier, the European Union imposed an embargo on oil products from Russia.

Press Secretary of the President of Russia Dmitry Peskov, in turn, said that the EU embargo on Russian oil products would lead to an imbalance in world markets.

Boris Martsinkevich, Chairman of the Expert Council of the FPSR "Aurora", commented in an interview with the FBA "Economy Today" on the trend towards the rejection of settlements in Western currencies in the world economy.