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Published 2 years ago

Analysis: Saudi Arabia walks oil policy tightrope between Biden and Putin

Summary by Ground News
Saudi Arabia's push for swifter oil production hikes by OPEC+ involved behind-the-scenes diplomacy to ensure Russia backed the move. The OPEC+ group of oil producers made a larger-than-expected output rise when its ministers met on June 2. The move was welcomed by the administration of U.S. President Joe Biden, who will next month visit the kingdom.

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