Wednesday , May 7 2025
Home / Mike Norman Economics / Saudi Arabia Reaffirms Commitment To Russia Despite War In Ukraine — Simon Watkins

Saudi Arabia Reaffirms Commitment To Russia Despite War In Ukraine — Simon Watkins

Summary:
Prince Mohammed bin Salman has reaffirmed his country's commitment to the OPEC+ agreement with Russia.The Kingdom has not made a move to bring extra crude onto the market despite the current spike in crude prices.Since 2017, Russia and Saudi Arabia have signed a string of high-profile energy deals that have pulled the Kingdom away from the U.S. sphere of influence....Pow! Take that!OilpriceSaudi Arabia Reaffirms Commitment To Russia Despite War In UkraineSimon WatkinsAlsoRT (Russian state-sponsored media)Biden says he ‘can’t do much’ on gas pricesUpdateZero HedgeSaudis, UAE Refuse To Take Biden's Calls To Discuss Ukraine Situation, Talk To Putin Instead (headwinds)Tyler Durdenhttps://www.zerohedge.com/geopolitical/saudis-uae-refuse-speak-biden-over-ukraine-situation

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model

Mike Norman writes The Accursed Tariffs — NeilW

Mike Norman writes IRS has agreed to share migrants’ tax information with ICE

Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius

  • Prince Mohammed bin Salman has reaffirmed his country's commitment to the OPEC+ agreement with Russia.
  • The Kingdom has not made a move to bring extra crude onto the market despite the current spike in crude prices.
  • Since 2017, Russia and Saudi Arabia have signed a string of high-profile energy deals that have pulled the Kingdom away from the U.S. sphere of influence....
Pow! Take that!

Also

RT (Russian state-sponsored media)
Biden says he ‘can’t do much’ on gas prices

Update

Zero Hedge
Saudis, UAE Refuse To Take Biden's Calls To Discuss Ukraine Situation, Talk To Putin Instead (headwinds)
Tyler Durden
https://www.zerohedge.com/geopolitical/saudis-uae-refuse-speak-biden-over-ukraine-situation

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *