Egypt, UAE and Bahrain comment on Saudi Arabia’s position on OPEC+ decision

Egypt, UAE and Bahrain comment on Saudi Arabia’s position on OPEC+ decision

Egypt, UAE and Bahrain on Monday expressed their “full support and solidarity” with Saudi Arabia, and their categorical rejection of “politicizing” the OPEC+ group’s decision to reduce oil production.

The Egyptian Foreign Ministry said in a statement on its Facebook page: “Egypt is closely following with interest the echoes of the recent decision issued by OPEC+, and the tensions that arose around it.”

“Egypt supports the position expressed by Saudi Arabia in explaining the technical considerations of the OPEC+ Plus decision, as it aims primarily to achieve oil market discipline, and to ensure strengthening the ability of the international community to deal with the current economic challenges.”

UAE and Bahrain join the fray

The UAE also announced its “support for the statement of the Saudi Ministry of Foreign Affairs regarding reviewing the conditions of the oil markets and reducing production,” noting that “the decision is collective and came based on the vote of the OPEC+ group and within these considerations,” according to the Emirates News Agency (WAM).

The UAE Ministry of Foreign Affairs and International Cooperation said that “the UAE, as a member of the group and a partner of Saudi Arabia, stresses the technical nature of the decision, and rejects statements that push for