Kremlin: Putin will visit UAE and Saudi Arabia on Wednesday

Russian President Vladimir Putin will pay a working visit to the United Arab Emirates and Saudi Arabia on Wednesday, a Kremlin spokesman said on Tuesday.

Spokesman Dmitry Peskov, asked if Putin would discuss possible coordinated actions on global oil markets during his trip, said such talks were held within the OPEC+ group but the issue was always on the agenda.

The visit comes after OPEC+, which includes all three countries, agreed last Thursday to voluntary supply cuts totalling about 2.2 million barrels a day, a move met with scepticism by the oil market.

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