Saudi, Russia
Saudi Arabia will leave Russia without money for war if oil prices collapse – Politico
Moscow will lack the funds to support its war economy if Saudi Arabia fulfils its plans to increase oil production to regain market share. Source: Politico Details: Saudi Arabia is increasingly frustrated by the failure of other oil-producing countries to coordinate supply cuts to raise oil prices to around US$100 per barrel (currently around
Saudi Arabia Warns Oil Prices Could Drop to $50
Saudi Arabia has warned OPEC+ members that it may unleash a price war if they continue to flout their output quotas.
Saudi Arabia's oil move threatens Russia's budget amid tensions
Saudi Arabia is preparing to impact Russia's budget by announcing an increase in oil production. This move will likely lead to a drop in oil prices, an important element of the Russian budget. Saudi Arabia plans to abandon its price target for oil,
Saudi Arabia Plans Spending Cuts as Lower Oil Curbs Ambition
Saudi Arabia plans to cut spending next year to contain a widening budget deficit as a decline in oil revenue runs up against the cost of multibillion-dollar infrastructure projects.
Saudi Arabia's oil strategy shift set to destabilise Russian economy
Saudi Arabia is preparing to impact Russia's budget significantly. It announces an increase in oil production, which will lead to a drop in the price of the raw material, a vital component of the Russian budget.
Saudi Strategic Shift Raises Specter Of Another Oil Bust
Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...
The Daily Hodl1d
BRICS Mulling ‘Petroyuan’ in New De-Dollarization Attempt Ahead of Next Summit: Report
The BRICS alliance is reportedly considering a new "petroyuan" in its latest move to compete with the world dollar hegemony.
Saudi Arabia bids for UN human rights spot, as it breaks annual execution record
Saudi Arabia is seeking a seat on the United Nations Human Rights Council hoping to reverse its 2020 failure to win a spot on ...
World Politics Review on MSN16h
After Saudi Arabia and the UAE, Bahrain Is Thawing Ties With Iran
Bahrain recently released political prisoners at home and thawed ties with Iran, two related shifts that remain vulnerable to ...
Saudi Arabia threatens to open the valve: what is the danger of disobedience in OPEC+?
If the OPEC+ countries do not fulfill their obligations to produce oil, then the price of oil may fall to $ 50 per barrel.
Newsweek on MSN11d
Blow to Putin's War Machine As Saudi Arabia Ramps Up Oil Production
Saudi Arabia is prepared to abandon its $100-a-barrel crude oil price target as it moves to increase output, signaling its acceptance of lower prices.
Russia revises its nuclear doctrine: Why West must take Putin’s warning seriously
The revision lowers the threshold of use of nuclear weapons by Russia. It is a warning to the West not to escalate the ...
Saudi Arabia and OPEC face challenges enforcing crude oil output cut quotas
Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...
Saudi Arabia to drop $100 crude target to win back market share, FT reports
Saudi Arabia is preparing to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output ...
Saudi Arabia ready to abandon $100 crude target to take back market share
Saudi Arabia is ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, in ...