Russia has not been troubled by the U.K. and U.S. decisions to tap strategic oil reserves to curb a surge in petroleum prices, said Russian Energy Minister Sergei Shmatko.

He said at a briefing that high oil prices worry above all consumer countries. So Russia is not concerned, he said, adding: “Russia routinely analyzes possible changes due to oil price fluctuations on the global market and has several socioeconomic development scenarios” based on different oil prices.

The Minister said Russia does not expect to have any problems as a result of the U.S. and U.K. decisions to tap strategic oil reserves.