February 15, 2018

Russia inks huge energy deals with Saudi Arabia, challenging US dominance in Gulf region

Hidden by the fog of the ongoing oil market volatility and the Turkish adventures in Syria, OPEC leader Saudi Arabia has been cementing its geopolitical position for years.

In Riyadh meetings this week between Saudi and Russian officials, major energy deals were sealed, changing the regional constellation dramatically. At the same time, the geopolitical shift of the century now starts to bear fruit. Read more.


- Saudi Arabia, Russia Ink 3 Huge Energy Deals - Oil Price
- Riyadh to cut oil production, drive prices up - New Arab

- Russian fund builds investors pool for Saudi Aramco IPO - Reuters
- Saudi Arabia, Russia focus on rebalancing oil markets - Arab News

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