According to the official, the Middle Eastern countries are utilizing the existing pipeline infrastructure of Saudi Arabia and the UAE but the market still faces a deficit

As Saudi Arabia and Russia deepen cooperation, their combined influence over global oil supply is growing. Could this shift the balance of power in energy markets?

It is due to fuel reserves, the Russian prime deputy minister said

The russian official noted that uncertainties in global markets and the economy had increased exponentially

According to the official, the Middle Eastern countries are utilizing the existing pipeline infrastructure of Saudi Arabia and the UAE but the market still faces a deficit