OPEC+, and Saudi Arabia’s, decision to cut oil production frustrates the US, an Israeli-Lebanese border deal, and the West Bank is on the edge. Here’s your round-up, written by Abubakr Al-Shamahi, Al Jazeera Digital’s Middle East and North Africa editor.
With the global economy struggling, in large part due to the Russian invasion of Ukraine, the United States had lobbied OPEC+ not to cut oil production when the cartel met on October 5. But, led by Saudi Arabia and Russia, OPEC+ seemed to ignore the US and decided to make production cuts anyway, in an effort to push oil prices higher.
