Saudi Arabia Reaffirms Commitment To Russia Despite War In Ukraine

Saudi Arabia’s Crown Prince Mohammed bin Salman (MbS) reiterated last week his country’s “commitment to the ‘OPEC+’ agreement” – working alongside the agreement’s other key partner, Russia - despite the ongoing Russian invasion of Ukraine. MbS sought to couch this extraordinary re-assertion of his country’s alliance with Russia in terms of the “the kingdom’s keenness on the stability and balance of oil markets”. However, this idea was quickly undermined by the announcement…