Energy Policy

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.

The EU has vowed to fight to preserve the Iran nuclear deal after the US withdrawal in May.

The Europe is reliant on oil imports for 98 percent of demand.

Iran is also awaiting European guarantees on the sale of Iranian oil and banking relations.