12 Jul 2021

Video: Oil Prices Pushed Up By Rivalry Between Saudi Arabia & UAE, Why Are These Two Gulf Nations Sparring?

12 Jul 2021  by CRUX   

A public rift between the UAE & Saudi Arabia over oil production quotas has led to soaring oil prices. The two of the world’s biggest oil-producing nations abandoned the talks & left the energy market in limbo. 23 countries in the Organisation of the Petroleum Exporting Countries(OPEC+) and allied producers had to postpone negotiations indefinitely. Watch the video to know more.

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