Russian, UAE leaders talk over OPEC+ decision


(MENAFN) Leader Vladimir Putin on Wednesday had a phone conversation with his UAE fellow Sheikh Mohamed bin Zayed Al Nahyan to talk over OPEC+ collaboration and a price cap forced on Russian crude oil, a Kremlin declaration read.

Putin and Sheikh Mohamed honored the joint work in OPEC+ format on stabilization of the oil markets, according to the declaration.

"The effectiveness of joint work within the framework of OPEC+ to ensure the stability of the world oil market was noted. The consistent implementation of the agreed decisions by all participating states was noted with satisfaction.

"In this context, the attempts of a number of Western countries to introduce anti-market restrictions on the cost of Russian crude oil that contradict the principles of world trade were touched upon," it added.

The two presidents also talked over bilateral cooperation, and Putin congratulated Sheikh Mohammed on the UAE National Day, which is commemorated on Dec. 2.

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