Energy Policy

Saudi Arabia is expected to take the issue of balancing the market at the upcoming summit of OPEC.

In May.Trump announced his country'.s decision to leave the Iran nuclear agreement and reimpose sanctions against Tehran.

OPEC and non-OPEC countries aim to agree a framework for long-term cooperation by December.

Novak and Falih discussed bilateral energy ties and the global energy market during a meeting in Moscow.

The U.S.. Russia and Saudi Arabia are also working together to make sure the world has access to affordable energy.

Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.

The U.S.’s international financial clout means EU efforts to get around sanctions are doomed to fail.

The Kingdom has an advantage in being one of the leading players in the mining sector.

Europe. Russia and China are now working with Iran to map out a potential course without the US.

OPEC'.s next regular meeting is December 3. with non-OPEC partners scheduled to join the talks December 4.