Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
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.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Russia, KSA to strengthen bilateral relations within OPEC+: Kremlin

  • By Al Mayadeen English
  • Source: Agencies
  • 30 Jan 2023 18:34
3 Min Read

The Russian President and his Saudi Arabian counterpart discuss cooperation within OPEC+ in order to maintain global oil market stability.

  • x
  • An OPEC flag is seen on the day of OPEC+ meeting in Vienna in Vienna, Austria October 5, 2022 (Reuters).
    An OPEC flag is seen on the day of the OPEC+ meeting in Vienna, Austria, on October 5, 2022. (Reuters)

The Kremlin highlighted on Monday that Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin discussed, via a phone call, the importance of cooperation within OPEC+ to safeguard the stability of the global oil market.

According to the statement, "the issues of further development of bilateral cooperation in the political, trade, economic and energy fields, as well as cooperation within the framework of OPEC+ to ensure the stability of the world oil market were discussed."

Russia oil price cap political, OPEC decision economic

Saudi Energy Minister Prince Abdulaziz bin Salman considered in December 2022 that the impact of European sanctions and the G7 imposed price cap on Russian oil "did not bring clear results yet."

"What is happening now in terms of sanctions and price caps imposed and all of it really did not bring clear results, including measures implemented on Dec. 5, we see a state of uncertainty in implementation," the Saudi Minister told a forum held following the country's 2023 budget announcements in Riyadh.

Related News

Kiev accused of using Russian woman in suicide bomb plot: FSB

Russian troops capture Filiya village, 146 service people repatriated

He indicated that Moscow's response to these tools needed to be taken into consideration when looking at the state of play in global markets.

Referring to the price cap imposed on Russian crude oil, Prince Abdulaziz pointed out that "these tools were created for political purposes, and it is not clear yet whether they can achieve these political purposes."

The Saudi diplomat said other factors affecting the market going into 2023 include China's Covid-19 policies, adding that the impact on China's economy from easing Covid-19 restrictions still "needs time".

The Minister further explained that "central banks are still preoccupied with managing inflation, no matter the cost of these measures and their possible negative impact on global economic growth."

Prince Abdulaziz considered that when taken into consideration, the OPEC+ decision to cut production by two million barrels per day was proven to be correct.

On December 4, OPEC+ decided to maintain its oil production targets in line with the October accord when the group reduced output by two million barrels of oil per day.

Prince Abdulaziz affirmed that OPEC+ would continue to focus on market stability in the coming year, pointing out that every member of the alliance takes part in decision-making.

Read more: Exclusive: KSA tried to appease Russia out of fear: Al-Bukhaiti

  • Russia
  • global oil market
  • OPEC+
  • Price cap
  • Saudi Arabia

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS