Kremlin Says No One Should Intervene In Russia Saudi Oil War After Trump Hints At Action
“There are no price wars between Russia and Saudi Arabia,” Peskov said, according to Russian state news agency Tass. “There is a very unfavorable pricing environment for many countries,” he added. Peskov said the two nations still enjoy “good relations, a partnership.” The price of oil spiraled earlier this month when the two countries split over proposed caps on production. Battling oversupply and demand slowdown due to the coronavirus, the Saudi-dominated OPEC cartel ordered a reduction in production to buoy prices....