Russia: Towards a Balance of Interests in the Eastern Mediterranean

... international organisations, whose key members are the energy exporting states of the Middle East and North Africa. Joint monitoring of the oil market, production adjustments... ... However, with the coronavirus crisis, the global oil market began to falter again and energy prices became volatile. Negotiations between OPEC Plus members became more difficult... ... the US, the third-largest oil producer after Russia and Saudi Arabia. Demand in the COVID-19 era began to fall sharply and additional cuts in oil production were required...