As the world battles to lower energy costs due to Putin's war in Ukraine - The Russian Despot Now Meets With Saudi Arabia Leaders to drive OPEC alliance plans to cut oil production

 Saudi Arabia and Russia drive OPEC alliance plans to cut oil production - propping up prices as the world battles to lower energy costs due to Putin's war in Ukraine

• OPEC members will meet in person on Wednesday for first time since 2020
• It is expected they will agree to its biggest output cut since start of pandemic
• This will likely drive oil prices up higher, to the benefit of Vladimir Putin
• Putin is wielding Russia's influence over global energy markets in his fight against Western sanctions, imposed after he ordered invasion of Ukraine
  
  
  

• Saudi Arabia and Russia are driving plans by the world's most oil-rich nations to cut oil production and therefore prop-up prices, while the rest of the world battles to lower energy costs in the face of Vladimir Putin's on-going war in Ukraine.

  The 13 members of the Organization of the Petroleum Exporting Countries (OPEC), led by Riyadh, and their 11 allies headed by Moscow will on Wednesday hold their first in-person meeting since March 2020.

  At the meeting at the group's Vienna headquarters, it is expected OPEC will agree to its biggest output cut since the start of the Covid-19 pandemic in efforts to buttress prices - to the benefit of Putin.

• FULL ARTICLE AT: https://www.dailymail.co.uk/news/article-11275669/Saudi-Arabia-Russia-drive-OPEC-alliance-plans-cut-oil-production-propping-prices.html?ico=topics_pagination_desktop