Russia, Persian Gulf top diplomats say OPEC+ efforts stabilize global oil market

Top diplomats from Russia and the Persian Gulf Arab states praised "the successful" efforts of the countries of the OPEC+ group, saying they contributed to stability of the global oil market, a joint statement said on Monday.

The two sides also agreed to work on developing energy resources' supply chains, according to the statement issued by the Persian Gulf Cooperation Council.

Foreign ministers of the Persian Gulf Arab states and Russia met in Moscow for the Sixth Joint Ministerial Meeting of the Strategic Dialogue between the council and Russia, Reuters reported.

The ministers stressed the importance of continuing OPEC+ efforts, "and the need for all participating countries to adhere to the OPEC+ agreement, in a way that serves the interests of producers, consumers, and supports the growth of the global economy.”

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