“It's a tool.
Without a doubt, this is a tool, ”TASS quotes the minister’s answer to a relevant question from journalists.
This law allows the head of state to expand the production of certain products for national security purposes and thus establish control over sectors of the civilian economy.
Earlier, Biden, during a conversation with reporters at the White House, said that America needed to increase the volume of oil refining.
US Energy Secretary Jennifer Granholm told CNN that the US administration is urging global oil and gas producers, including OPEC, to increase their production.