Saudi Arabia Makes Unilateral Production Cut as OPEC+ Extends Quotas
Despite a “voluntary” production cut announced by Saudi Arabia for July, economic uncertainty overshadowed the June 4 OPEC+ meeting.
This AGSIW panel discussion examines a wide range of issues arising from the flare-up between Saudi Arabia and Iran in the aftermath of the execution of a leading Saudi Shia dissident cleric, the attack on the Saudi Embassy in Tehran and the severing of diplomatic relations between the two countries.
Despite a “voluntary” production cut announced by Saudi Arabia for July, economic uncertainty overshadowed the June 4 OPEC+ meeting.
As SNSC secretary, Rear Admiral Ali Akbar Ahmadian will doubtlessly try to put his experiences and writings to good use, but on all counts, he is likely to side with his comrades in the IRGC.
The United States is championing a new regional approach that aims to use economic diplomacy to bring key players in the Middle East and Asia closer and provide an alternative to Chinese initiatives.
Through its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.
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