Moscow, Riyadh Forge Alliance to Face Common Challenges

摘要

The historic visit of King Salman to Russia last week - the first ever by a reigning Saudi monarch - demonstrated how strongly the world’s two biggest oil producers need each other at a difficult time of low energy prices and the declining popularity of oil in the global drive for a cleaner future. The multibillion-dollar business deals struck during the visit are a byproduct of the two nations’ newfound cooperation within the production cut agreement between Opec and non-Opec countries, which owes its existence primarily to support from Moscow and Riyadh (NC Sep.21’17).