From the economic and political points of view, two fossil fuel giants Russia and Saudi Arabia gradually get closer to each other. The partnership between the two countries foreshadows predictable energy prices which play an important role in the global economy.
As is known, Russia has been alienated globally since the inception of the Ukrainian crisis and it paved the road for fluctuations in energy prices. The cooperation with Saudi Arabia emerged new opportunities for Russia. Further, Russian President Putin’s visit to Saudi Arabia deepened this partnership.