The Ukraine crisis could have an unexpected impact on the OPEC+ integrity. The Arab world has thus far not taken a position in the Ukraine crisis. Putin’s strategic moves during the last decade have severely eroded Western influence in the Arab world, and Moscow is now reaping the benefits. China could benefit from a weaker OPEC+. The OPEC+ cooperation is facing a possible breakdown following Russia’s military invasion of Ukraine. Russia’s aggressive military moves towards Ukraine will have a negative impact on the oil market cooperation between OPEC and Russian-led non-OPEC members. The success formula of Riyadh-Moscow-Abu Dhabi is in serious trouble as Western powers will be putting Saudi Arabia, Abu Dhabi, and others, under severe pressure to break up their strategic cooperation with Moscow. The growing economic, financial and strategic military cooperation that has been built up the last couple of years between mainstream Arab power players, especially […]