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Eight OPEC+ members extend oil supply cuts until year end

Eight members of the OPEC+ group of oil-producing nations have said they were extending supply cuts until the end of December.

The move is aimed at boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent U.S. presidential election, though analysts predict a limited impact.

Politico: What does Mohammed bin Salman’s participation in the Brussels Summit mean

 

For the first time, Saudi Arabia’s Crown Prince Mohammed bin Salman will attend the first Summit of the EU-Persian Gulf Cooperation Council.

He will attend a landmark meeting between leaders of the European Union and Arab Gulf countries in Brussels, according to a Politico article.

Iranian top diplomat to visit Türkiye for Mideast talks

Iranian Foreign Minister Abbas Araghchi will pay a visit to Türkiye, Egypt and Jordan as part of his Middle East tour to discuss ongoing conflicts in the Middle East, his office announced on Oct. 16.

Araghchi will engage in talks in a "diplomatic reach-out to countries of the region to end genocide, atrocity and aggression," the statement said.

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