Russian President Vladimir Putin and Iranian President Hassan Rouhani have agreed to cooperate in a bid to stabilise the global enegy market.
Russian gas producers Gazprom and National Iranian Oil signed an agreement to reduce their output.
It came at the end of the Iranian leader’s official two day visit to Moscow, when President Putin also announced investment in Iran’s energy market.
Live: Russian, Iranian leaders hold talks in Moscow; Announce several business deals https://t.co/qoRGe4t9nP pic.twitter.com/N5FAYiBcPT— Al Jazeera News (@AJENews) March 28, 2017
He said: “Leading Russian companies have achieved a series of important agreements about developing large oil and gas fields in Iran.