Saudi Arabia, Russia Make Public Show of Unity on Oil Market

  • Top oil officials from both countries give joint TV interview
  • Oil market can’t be left unattended, says Saudi minister

Abdulaziz bin Salman

Photographer: Thomas Kronsteiner/Getty Images

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Saudi Arabia and Russia reaffirmed their close cooperation in the oil market with a public show of unity at a major industry event in Moscow.

Speaking in a joint interview with Rossiya 24 state TV, just a few days after the eruption of a conflict between Israel and Hamas lifted crude prices, the top energy officials from the OPEC+ leaders said market uncertainties require careful monitoring.