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Russia–Saudi Arabia relations - Wikipedia
Russia–Saudi Arabia relations (Russian: Российско-саудовские отношения, Arabic: العلاقات السعودية الروسية) are the bilateral relations between the Russian Federation and the Kingdom of Saudi Arabia.
2020 Russia–Saudi Arabia oil price war - Wikipedia
On 8 March 2020, Saudi Arabia initiated a price war on oil with Russia, which facilitated a 65% quarterly fall in the price of oil. [1] The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic . [ 1 ]
Russia’s Enduring Presence in the Middle East
Nov 1, 2024 · The relationship with Saudi Arabia is vitally important for Russia. The two countries’ shared interest in oil makes them natural allies. It keeps their economies afloat but also serves as a key instrument of statecraft.
How Saudi Arabia could create a crisis for Russia's economy
Nov 20, 2024 · Russia's wartime economy could face a tougher time securing needed oil revenue if Saudi Arabia tanks global crude prices. The kingdom has reportedly signaled that crude could drop as low as...
Oil prices spike as Saudi Arabia, Russia extend 1.3 million barrel a ...
Sep 6, 2023 · Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.
Saudi-Russian Relations: Alignment of Visions and Mutual Interests
Cooperation between Saudi and Russian bodies has yielded positive results that benefited the Kingdom, as King Abdulaziz City for Science and Technology announced in 2014 the successful launch of its thirteenth Saudi satellite, SaudiSat-4, from Russia's Dombarovsky air base.
Saudi Arabia voted in favor on February 23, 2023, of a United Nations General Assembly (UNGA) resolution that called for Russia to end hostilities in Ukraine and called for the withdrawal of its forces.
Russia and Saudi Arabia urge all OPEC+ powers to join oil cuts
Dec 7, 2023 · Saudi Arabia and Russia, the world's two biggest oil exporters, called for all OPEC+ members to join a deal on output cuts.
Saudi Arabia and Russia are cutting oil supply again in bid to …
Jul 3, 2023 · Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world to try to prop up prices, showing how two of the world’s largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened with the economy.
How does Russia view Saudi Arabia now? – World Policy Hub
Oct 6, 2024 · An average observer might assume that Saudi Arabia, due to its rapprochement with Iran and China, will now adopt a hostile stance towards the United States. However, Saudi leadership seeks to maintain serious influence in its relations with all major players, including Russia, China, and the U.S.