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SAUDI ARABIA BREAKING NEWS
UAE to leave OPEC and OPEC+ in major reset of Gulf oil strategy
Cracking towers stand at the Ruwais refinery and petrochemical complex, operated by Abu Dhabi National Oil Co. (ADNOC), in Al Ruwais, United Arab Emirates.Christophe Viseux/Bloomberg/Getty Images The United Arab Emirates will withdraw from OPEC and OPEC+ effective May 1, 2026, in one of the most significant shifts in Gulf energy policy in recent years and a move that could weaken the cohesion of the producer alliance led by Saudi Arabia. The decision was announced through sta
5 hours ago2 min read
Vladimir Putin, Saudi Crown Prince discuss OPEC+ cooperation, energy market stability in phone call
SPA RIYADH, February 3, 2026 (Saudi Arabia Breaking News) – Russian President Vladimir Putin held a phone call on Tuesday with His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Kremlin said in a statement, adding the two agreed to deepen cooperation in the political, economic, trade and humanitarian spheres. The Kremlin statement said the leaders discussed progress in their joint work within the OPEC+ format and efforts to maintain stability on global e
Feb 41 min read
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