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Trump creates new risk dynamic
US policies may have lasting effects in sectors such as energy, that rely on predictable rules and long-term planning
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The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
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US Opec Saudi Arabia Russia UAE Iran
Victor Kotsev
26 October 2022
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Russia offers Middle East a card in US game

Opec+ cut agreement suggests Moscow’s Middle Eastern stock remains high

A growing rift between the US and Saudi Arabia appears to be precipitating a wider political shift in the Middle East. Counter-intuitively, Russia’s clout as a possible power broker and a sought-after partner is growing, even after a disastrous military campaign in Ukraine that has exposed major shortcomings in its military and left Moscow more isolated than ever elsewhere across the globe. Analysts and Gulf officials admit that the Opec+ supply cut of 2mn bl/d, announced in early October, is mostly symbolic due to existing underproduction. Yet its political repercussions, with agreement between former energy export rivals Russia and Saudi Arabia continuing to hold firm—and jointly thumbing

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Trump creates new risk dynamic
13 June 2025
US policies may have lasting effects in sectors such as energy, that rely on predictable rules and long-term planning
Saudi Arabia and Russia pull OPEC+ in different directions
13 June 2025
The two oil heavyweights’ diverging fiscal considerations are straining unity within the group
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13 June 2025
CEO argues the upstream potential remains huge as analysts question future oil production for Canadian province’s offshore industry
Iraq seeks alternatives to Iranian gas
13 June 2025
The country is facing energy shortfalls this summer amid reduced Iranian gas imports and difficulties leasing an FSRU

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