In an attempt to strengthen bilateral relations in West Asia, Russian president Vladimir Putin visited Saudi Arabia and the UAE on December 6.
The surprise OPEC+ reduction consolidates the Saudi-Russian energy alliance, by aligning their production levels and placing them on equal footing. It is a slap in the face for the US
The normalization of relations between Iran and Saudi Arabia represents a shift in diplomatic leadership towards the Global South, away from US hegemony
NewsClick’s Prabir Purkayastha discusses the major hotspots of 2022, including the Ukraine war and US-China tensions, and their implications for the coming year
Rania Khalek of BreakThrough News analyzes the recent visit of Chinese President Xi Jinping to Saudi Arabia and his meeting with leaders of Gulf countries
In this episode, we bring you stories of a deal between Lebanon and Israel on offshore gas fields, the US re-examining relations with Saudi Arabia, the UN expressing concern over the crisis in Libya, and the latest from reforms in Colombia
The OPEC+ decision is poised to benefit Russia in multiple ways. It will buoy Russia’s oil revenue heading into winter, when demand for Russian energy from Europe typically rise
The decision may further exacerbate the energy crisis in European countries that are struggling to diversify supply after the G7 imposed a price cap on Russian oil
The United States and its allies are trying to impose new restrictions on the Russian economy, but like attempts so far, this one too looks fated to fail
The message is loud and clear: Saudi Arabia and Russia, who form the axis of the OPEC+, are closely coordinating on shaping the world oil market even as they could be competing for market share
From Iran’s viewpoint also, it will be desirable to become part of the OPEC+ cartel with Russia and Saudi Arabia
The Russian president’s visit comes at a highly transformative period in the US approach toward both Turkey and Iran and following Joe Biden’s crucial visit to West Asia