Russian President Putin held a call with Saudi Crown Prince MBS, discussed oil operations within OPEC+ alongside the Middle East situation, Russia's Kremlin says via IFX and RIA
Context
The call between President Putin and Crown Prince MBS is significant as it underscores ongoing cooperation within OPEC+ regarding oil operations, suggesting potential adjustments in output or price strategies. Given the current geopolitical tensions, this dialogue could impact market sentiment toward energy commodities and fuel price volatility, particularly in light of potential reactions from major economies like the U.S. and EU.
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