1.Add to that Saudi-Arabia's decision to stand by the 2020 oil pact with #Russia (ie not pump more #Oil into the market)
#Putin seems to have had a clear picture when he made the decision that in the short-term he has #OPEC backing and that the West was still dependent on his gas
#Putin seems to have had a clear picture when he made the decision that in the short-term he has #OPEC backing and that the West was still dependent on his gas
https://twitter.com/JavierBlas/status/1497349294864666630
2. The pact was achieved after the price war between Russia and Saudi Arabia in early 2020. The Saudis were willing to reach a compromise with Russia after #Trump intervened and threatened to halt military aid to #Riyadh if it doesn't come to terms with Moscow.
3. Presumably Trump was making that effort on behalf of American #LNG exporters that were under threat of going out of business due to the low price environment.
Russia has been courting Saudia and the Emirates since the 1970s. Previously the Soviet Union supported...
Russia has been courting Saudia and the Emirates since the 1970s. Previously the Soviet Union supported...
4. The Egyptian intervention in Yemen's civil war (1962-1967) as well as 'the front for the liberation of Oman.' However, by the 1970s it dawned on Moscow that as major energy exporters it had shared interests with Gulf countries.
Gorbachev was focused on this goal...
Gorbachev was focused on this goal...
5. and in 1990 the Soviet Union received a $1 billion loan from Saudi Arabia.
In short, Russian-Saudi relations came a long way and rely on shared interests.
In short, Russian-Saudi relations came a long way and rely on shared interests.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
