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Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.

Moscow: Russian, Saudi foreign ministers praise OPEC+

  • By Al Mayadeen English
  • Source: Agencies
  • 1 Jun 2022 10:30
2 Min Read

Russia and Saudi Arabia praise their oil-market cooperation in the OPEC+ alliance during a visit by the Russian foreign minister to Riyadh.

  • x
  • Russia's Foreign Minister Sergei Lavrov meets with Saudi Arabia's Foreign Minister Faisal bin Farhan Al Saud in Riyadh. (REUTERS)
    Russia's Foreign Minister Sergei Lavrov meets with Saudi Arabia's Foreign Minister Faisal bin Farhan Al Saud in Riyadh. (REUTERS)

The Russian foreign ministry reported, on Tuesday, that Russian Foreign Minister Sergei Lavrov met with his Saudi counterpart, Prince Faisal bin Farhan Al Saud, in Riyadh, and both hailed the level of cooperation within OPEC+.

The remarks came amid reports in Western media that some members of OPEC+, an alliance of OPEC members and their allies, were considering excluding Russia from the group.

In a statement published on its website, the ministry added that "they noted the stabilizing effect that the tight cooperation between Russia and Saudi Arabia has on world markets for hydrocarbons in this strategically important sector.”

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It is worth mentioning that Lavrov arrived in Saudi Arabia on Tuesday and is expected to meet with other Gulf Cooperation Council (GCC) foreign ministers, according to Saudi media.

OPEC+ is set to abide by an oil production deal agreed last year at its June 2 meeting, raising July output targets by 432,000 barrels per day, six OPEC+, Reuters reported last week citing sources.

Excluding Russia from OPEC+ could pave the way for other producers to pump significantly more crude, as sought by the United States and European nations, WSJ quoted OPEC delegates as saying.

What do you need to know?

Russia is a key member of OPEC+, an organization that was formed in 2016. It assigned production cuts to its members in order to keep oil markets stable and prevent price collapses, most notably as economies were hit hard during the Covid pandemic.

Lavrov's meeting with his Saudi counterpart came just days after the EU agreed to significantly reduce Russian crude imports as part of the latest sanctions imposed in response to the war in Ukraine.

  • Russia
  • Saudi Arabia
  • OPEC+
  • Sergey Lavrov
  • Oil prices
  • Oil
  • war in Ukraine
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As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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