Russia and Saudi Arabia draw closer amid OPEC upheaval

Russia and Saudi Arabia draw closer amid OPEC upheaval

As Saudi Arabia and Russia deepen cooperation, their combined influence over global oil supply is growing. Could this shift the balance of power in energy markets?

OPEC+ prepares for revisions amid massive global oil supply crisis

"We came to the conclusion that no one really knows what to expect regarding demand at the moment," Novak stated following the high-profile meeting. "In other words, uncertainty has increased," News.Az reports, citing Reuters. The comments come amid one of the most severe energy supply disruptions in history. Ongoing geopolitical conflicts in the Middle East—marked by severe damage to critical energy infrastructure across Iran and neighboring Gu…