broadcast journalist Le Monde Jean-Michel Beza argues that Saudi Arabia has reduced its dependence on the USA by improving its relations with the Russian Federation and China, while Riyadh has not completely given up on Washington and demands new “mutual aid agreements” from it.
According to him, Riyadh regained control of the oil market with the support of Moscow. In this way, the price of the kingdom’s economic ambitions is very high. The journalist believes that Saudi Arabia will do everything to extend oil production as long as possible.
Before this, oil prices rose to 100 dollars per barrel. bury Experts say developing countries have hopes of slowing inflation and lowering interest rates.
Analysts say that this is fraught with the collapse of the assets of the countries in question. John Harrison, Managing Director of Macro Strategy for Emerging Markets at GlobalData TS Lombard, is confident that the trend of slowing inflation in emerging economies due to rising oil prices has already broken down.
Previously recognizedWhen oil prices fall to $50 per barrel.