The first effect of Saudi-Iran pact is out and it’s not pretty for Europe
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The recent agreement between Saudi Arabia and Iran coupled with the announcement that oil production will be cut is a nightmare for the West. The US and Europe were confident in the aftermath of the Ukraine war that they would be able to take on Russia and defeat it but it seems that they are facing setbacks after setbacks. And the recent jolt is from OPEC+.
InOPEC, Vedica Singh
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