Iraq, Saudi Arabia agree to work together to stabilize oil markets

Shares
Iraq, Saudi Arabia agree to work together to stabilize oil markets

Iraq and Saudi Arabia have agreed to work together to stabilize oil markets.

During a meeting in Baghdad, Iraqi and Saudi oil ministers also discussed an electricity grid connection between the two countries to meet Iraq’s power needs.

Saudi oil minister Khalid al-Falih also met Iraqi Prime Minister Adil Abdul-Mahdi.