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OPEC+ Talks Collapse, Blowing Hole in Russia-Saudi Alliance

  • Brent crude suffers the biggest plunge since December 2008
  • Russian companies are free to start increasing production
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Russia Walks Away From OPEC+ Talks Without a Deal
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OPEC+ talks ended in dramatic failure, auguring the end of a diplomatic alliance between Saudi Arabia and Russia that has underpinned crude prices and changed the balance of power in the Middle East.