Putin’s Middle East trip aims to boost flagging OPEC+ credibility, Russian power-broking

Russian President Vladimir Putin is heading to the Middle East on Dec. 6 in a rare overseas trip, aiming to shore up Moscow’s OPEC+ alliance with Saudi Arabia and the UAE in the face of US sanctions pressures and growing regional security concerns. With the oil market greeting the latest OPEC+ production cut announcement with ennui, and Russia seeking to… Russian President Vladimir Putin is heading to the Middle East on Dec. 6 in a rare overseas trip, aiming to shore up Moscow’s OPEC+ alliance with Saudi Arabia and the UAE in the face of US sanctions pressures and growing regional security concerns. With the oil market greeting the latest OPEC+ production cut announcement with ennui, and Russia seeking to… Read More