Egypt Supports the Kingdom's Position on "OPEC +" Decision

S&P: Saudi Arabia’s Strong Net Asset Position is Major Support For its Rating
S&P: Saudi Arabia’s Strong Net Asset Position is Major Support For its Rating

Egypt reiterated that it is following closely and with interest the reactions to the OPEC+ decision, which was recently issued, and the reactions that arose around it.

The Egyptian Ministry of Foreign Affairs stated in a statement today that Egypt supports the Kingdom of Saudi Arabia's position in explaining the technical considerations of the (OPEC +) decision, as it aims primarily to achieve oil market stability and to ensure strengthening the international community's ability to deal with the current economic challenges.

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