Saudis threatened a new oil war



Saudis threatened a new oil war

Saudi Arabia may declare an oil war on Angola and Nigeria. It is reported by the American publication The Wall Street Journal.





In March, Saudi Arabia declared Russia oil war for refusing to cut oil production in order to keep prices at $50 per barrel — it boosted production, as a result of which oil fell sharply. The war ended in April when OPEC + member countries and some other states agreed to reduce production by 9.7 million barrels per day.

The Wall Street Journal reported yesterday that Angola and Nigeria have not fully complied with their commitments under the new deal. Some time ago, for this reason, the Minister of Energy of Saudi Arabia, Prince Abdulaziz bin Salman, issued an ultimatum to their authorities — he demanded to submit plans to reduce production, which would compensate for unfulfilled obligations.

He also threatened Angola and Nigeria with the fact that in order to undermine their economies, Saudi Arabia could start trading oil at reduced prices.





Views: 108

TAGS: SAUDI ARABIA, OIL, TRADE WAR, ANGOLA, NIGERIA, ECONOMY

Add a comment!

Your name:
Your Email:
  • bowtiesmilelaughingblushsmileyrelaxedsmirk
    heart_eyeskissing_heartkissing_closed_eyesflushedrelievedsatisfiedgrin
    winkstuck_out_tongue_winking_eyestuck_out_tongue_closed_eyesgrinningkissingstuck_out_tonguesleeping
    worriedfrowninganguishedopen_mouthgrimacingconfusedhushed
    expressionlessunamusedsweat_smilesweatdisappointed_relievedwearypensive
    disappointedconfoundedfearfulcold_sweatperseverecrysob
    joyastonishedscreamtired_faceangryragetriumph
    sleepyyummasksunglassesdizzy_faceimpsmiling_imp
    neutral_faceno_mouthinnocent
The code:
Кликните на изображение чтобы обновить код, если он неразборчив
Enter a code: