Oil prices have soared since Russia's invasion of Ukraine
Saudi crown prince, Macron discuss impact of Ukraine crisis on energy market
Prince Mohammed stresses in a phone call with French President Saudi Arabia's keenness on the stability and balance of oil markets and its commitment to the OPEC+ agreement.
Monday 28/02/2022
Oil prices have soared since Russia's invasion of Ukraine
CAIRO - The Saudi crown prince and French President Emmanuel Macron discussed on Sunday the impact of the Ukraine crisis on energy markets, Ekhbariya TV reported on Sunday.
Crown Prince Mohammed bin Salman Al Saud stressed in a phone call with Macron the kingdom's keenness on the stability and balance of oil markets and its commitment to the OPEC+ agreement, the state-owned TV channel added.
President Vladimir Putin dramatically escalated East-West tensions by ordering Russian nuclear forces put on high alert Sunday, while Ukraine's embattled leader agreed to talks with Moscow as Putin's troops and tanks drove deeper into the country.
Citing “aggressive statements” by NATO, Putin issued a directive to increase the readiness of Russia's nuclear weapons — a step that raised fears that the invasion of Ukraine could boil over into nuclear war, whether by design or mistake.
The Russian leader is “potentially putting in play forces that, if there’s a miscalculation, could make things much, much more dangerous,” said a senior US defense official, speaking on condition of anonymity.