'Uncertainties remain, the challenge gets harder, but the future's bright, now we've a charter,' the OPEC+ poem read.
. OPEC+ nations will now account for almost half of all oil production globally.
The new family even decided to publish a poem marking the occasion."Uncertainties remain, the challenge gets harder, but the future's bright, now we've a charter," the verse read. The extension of the"marriage" between Russia and Saudi Arabia was first announced by Russian President Vladimir Putin at the G20 meeting in Osaka, Japan, on Saturday, following his meeting with Saudi Crown Prince Mohammed bin Salman. Bloomberg reported that when Putin visits Riyadh later this year, other OPEC+ heads of state will join him to sign the group's new charter.
Securing the support of Russia's mineral-dependent economy is a huge boon for the group, while Putin's central role in the new alliance will boost his global influence.
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