Russian President Vladimir Putin and Abu Dhabi Crown Prince Sheikh Mohammad bin Zayed vowed Tuesday to maintain energy market stability, the UAE's state news agency WAM reported.

The two agreed in a phone call on the "need to maintain the stability of the global energy market," as oil prices surge following Russia's special military operation in Ukraine, the agency said.

Putin briefed bin Zayed on "the developments of the crisis with Ukraine," according to WAM.

The Crown Prince stressed the need for a "peaceful solution ... in a way that guarantees the interests and national security of all parties."

Bin Zayed stated Russia's right to ensure national security

A statement by the Kremlin's press service, also noted that the two leaders discussed the situation in Ukraine.

The Kremlin's press service pointed out that bin Zayed had "stated the right of Russia to ensure its national security."

"Vladimir Putin gave a detailed account of the reasons, goals, and targets of the Russian special operation," the Kremlin added.

UAE relations with Russia

The UAE maintains important relations with both Washington and Moscow.

US troops are stationed in the country, but Abu Dhabi also cooperates closely with Russia, particularly as members of the OPEC+ alliance of oil producers.  

On Friday, the UAE abstained, along with China and India, from a vote at the UN Security Council demanding Moscow withdraw its troops from Ukraine.

The joint vow by Moscow and Abu Dhabi to maintain energy market stability comes on the eve of an OPEC+ meeting.

It also comes as the price of a barrel of Brent crude jumped to $104.60 at one stage on Tuesday.