Saudi Arabia takes a dig at Russia over oil price collapse
Image Credit: shortpedia
Saudi Arabia slammed Russia for Moscow’s allegation against the kingdom for the collapse in global energy prices. It shows the tensions ahead of a meeting of OPEC and other oil producers. Oil prices dropped surprisingly after the OPEC+ group of countries including Russia didn’t agree to production cuts in early March leading to a price war as Saudi Arabia held on to their decision to seize back market share.