Saudi Crown Prince Mohammed bin Salman traveled to the United Arab Emirates, as reported by the Saudi state news agency on Sunday, marking his first visit in three years.
This trip occurs just days before the OPEC+ oil policy meeting set for December 5, which was rescheduled from its original date of Sunday.
According to sources familiar with the matter, key topics for discussion include an output increase for the United Arab Emirates that was agreed upon in June and is slated to commence in January 2025.
OPEC+, which includes the Organization of the Petroleum Exporting Countries (OPEC) and its allies like Russia, had delayed its meeting due to a Gulf Summit taking place on Sunday in Kuwait.
The Saudi state news agency did not specify the purpose of the crown prince’s visit to the UAE. While Saudi Arabia and the United Arab Emirates are longstanding allies, they have occasionally pursued different strategies due to economic competition.
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