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And the Financial Times reports that Saudi Arabia is planning to prolong its current cut of oil production into next year. The paper says that the recent drop in the price of oil is one factor for the decision but pointed out that Saudi Arabia is one of four Opec members – the others being Kuwait, Algeria and Iran – who are “agitated” by Israeli attacks in Gaza and believe that tightening oil supplies sends out a message to Western nations.

Financial Times Front Page 10th of March 2025

In a crucial effort to secure renewed backing, the leadership intends to offer limited concessions and fortify ties with key partners overseas, underscoring a strategic pivot that emphasises continued alignment with the PM and the West while bolstering economic and diplomatic footing.

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