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Saudi Crown Prince Mohammad bin Salman and Russian President Vladimir Putin discussed the state of the commodities market today in a phone call, according to a report by Reuters.
While details of the call weren't specified, the importance of ongoing cooperation as well as OPEC+'s role was discussed.
This story will be updated as new developments are announced.
Oil markets have been extremely shaky this year due to the Q1 oil price war as well as the ongoing effects from COVID-19. The talks are likely related to attemps to stabilize the market in the coming months.
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