UAE confirms OPEC+ decision was vote-based collective

UAE confirms OPEC+ decision was vote-based collective

ABU-DHABI — The United Arab Emirates (UAE) confirmed unwavering stance with Saudi Arabia in its quest to support world energy stability and security in what achieves the interests of producers and consumers alike and enhances economic growth and development in the world. In a statement, the UAE Ministry of Foreign Affairs and International Cooperation expressed support of the UAE for the Saudi Foreign Ministry statement on a review of the oil situations and production cuts, noting that the OPEC+ decision was vote-based collective. In its capacity as member of the OPEC and partner of Saudi Arabia, the UAE stresses the technological nature of OPEC+ decision and rejects statements pushing towards politicizing it, UAE statement said. In Manama, the Kingdom of Bahrain expressed absolute solidarity with Saudi Arabia, rejecting statements pushing towards politicizing OPEC+ decision on oil production cuts. In a statement, the Bahraini Ministry of Foreign Affairs lauded the pivotal role of Saudi Arabia in its quest to guarantee world energy security and oil market stability in what achieves the interests of producers and consumers alike and enhances economic growth and prosperity in the world. The Bahraini ministry statement cited the Kingdom’s prudent leadership of the G20 two years ago