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Why Are Saudi Arabia, Russia Cutting Oil Production? | MoneyCurve | Dawn News English
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The global impact of oil prices on people's daily expenses, including essentials like food and basic goods, cannot be understated.
Therefore, the recent choice made by Saudi Arabia and Russia to maintain their oil production cuts is resonating worldwide.
While both countries have their unique domestic motivations guiding their decisions, the extent to which geopolitical factors are influencing Moscow and Riyadh's oil policies begs examination. Is this primarily a matter of economics and business, or are there geopolitical considerations at play?
To dissect these intricacies, we turn to the insights of energy expert Syed Rashid Hussain.
#oil #saudiarabia #saudi #saudinews #russia #russianoil #russianews #oilproduction #oils #opec #opecplus #latestnews #dawnnewsenglish #dawnnews
Therefore, the recent choice made by Saudi Arabia and Russia to maintain their oil production cuts is resonating worldwide.
While both countries have their unique domestic motivations guiding their decisions, the extent to which geopolitical factors are influencing Moscow and Riyadh's oil policies begs examination. Is this primarily a matter of economics and business, or are there geopolitical considerations at play?
To dissect these intricacies, we turn to the insights of energy expert Syed Rashid Hussain.
#oil #saudiarabia #saudi #saudinews #russia #russianoil #russianews #oilproduction #oils #opec #opecplus #latestnews #dawnnewsenglish #dawnnews
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