An Economist stresses the importance of the Iraq-Saudi Arabia agreement on the oil issue

Baghdad, Economic expert Salam Sumaisem stressed the importance of the Prime Minister’s visit to Saudi Arabia.

Sumaisem said in a statement to the Iraqi National News Agency (NINA) that “Iraq and Saudi Arabia are two important poles in OPEC and their agreement on an oil plan will contribute to raising oil prices and benefit all OPEC members, stressing the importance of the Prime Minister’s visit to Saudi Arabia in the future.”

She added: “The presence of Iraq and Saudi Arabia in an oil agreement will affect the amount of oil supply, the price of oil and the issue of exporting oil and gas. There are hidden issues in the issue of gas discovery and refining.”

She continued: There is a big challenge in the issue of gas and the countries producing it, and the Iraq-Saudi agreement can solve this issue and it will greatly affect the global market.

 

Source: National Iraqi News Agency

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