Saudi Arabia slammed the United Arab Emirates on Sunday for blocking an agreement to help cool down oil prices at a meeting for oil-producing countries and allies. The agreement for OPEC+ which groups the Organization of the Petroleum Exporting Countries, Russia, and their allies, looked to up oil production as prices hit a two-and-a-half-year high. However, the UAE contested an extension clause that would keep a baseline for its oil production that was agreed upon back in spring 2020, when the coronavirus pandemic hit. "I have attended OPEC + meetings for 34 years, and I have not seen a demand like that of the UAE," energy minister Abdulaziz bin Salman al-Saud told A
Hence then, the article about saudi energy minister slams uae for blocking opec deal was published today ( ) and is available onThe New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Saudi energy minister slams UAE for blocking OPEC+ deal )