President Vladimir Putin spoke by telephone with Prince Crown Saudi Arabia Mohammed bin Salman on Thursday, supported the important Geopolitical Alliance as a Western sanction of the Russian economic dough.
Putin’s invasion to Ukraine has left Russia more insulated economically than those already in decades, with many banks cut off from the global financial system and traders reluctant to handle their oil delivery.
OPEC +, led by Saudi Arabia and Russia, mostly ignored this increased crisis at a meeting on Wednesday. But the cartel is under greater pressure to increase production to facilitate crude oil prices, a step that has the potential to create tensions between Moscow and Riyadh.
“Putin emphasizes the dissatisfaction of the problem of global energy supply” in a call, according to a statement from Kremlin. The discussion was emphasized “shared interest in a further comprehensive development of the Russian-Saudi partnership.”