HP Aichi

Main Menu

  • Excess Supply
  • Factoring UK
  • Feasibility Studies
  • Capital Structure
  • Saving Investment

HP Aichi

Header Banner

HP Aichi

  • Excess Supply
  • Factoring UK
  • Feasibility Studies
  • Capital Structure
  • Saving Investment
Factoring UK
Home›Factoring UK›Last war in Ukraine: Putin says sanctions on Russia will hurt the West

Last war in Ukraine: Putin says sanctions on Russia will hurt the West

By Allison Nichols
March 16, 2022
0
0

Boris Johnson, the British Prime Minister, began a day-long visit to the energy powers of the United Arab Emirates and Saudi Arabia on Wednesday, exploring “other potential measures to increase oil production”.

He said he was trying to build an international coalition to deal with the consequences of Vladimir Putin’s “brutal” invasion of Ukraine.

“The world must wean itself off Russian hydrocarbons and starve Putin’s addiction to oil and gas,” he said in a statement. Riyadh and Abu Dhabi were “key international partners in this effort”, he added.

Both Saudi Arabia and the United Arab Emirates have spare crude capacity that would allow them to ramp up production over several months, but they have committed to joining the OPEC+ Producer Group’s production mechanism, which includes Russia.

Johnson meets with the de facto leader of the United Arab Emirates, Mohammed bin Zayed al-Nahyan, before traveling to Riyadh to meet the Saudi Crown Prince, Mohammed bin Salman.

They should discuss reducing energy and food prices. The Prime Minister will also focus on diversifying the UK’s energy supply and working with international partners to boost renewable energy.

“We will work with them to ensure regional security, support the humanitarian relief effort and stabilize global energy markets over the longer term,” he said.

Both the United Arab Emirates and Saudi Arabia have grown frustrated with the perceived lack of US attention to Gulf security under President Joe Biden.

Abu Dhabi has sought greater defensive protection from its Western partners following drone and missile attacks by Iran-allied Houthi rebels in Yemen.

Johnson has been criticized for seeking help from governments criticized for their poor human rights record and involvement in the war in Yemen.

The statement said the prime minister will discuss “shared strategic priorities” on the situation in Iran and Yemen and “support for human rights and civil society”.

Related posts:

  1. FTSE set to rise forward of Bailey’s feedback – Dwell Updates
  2. 10-year JGB yields decrease earlier than BOJ coverage assessment
  3. Trade Evaluation & Forecast (2019-2026), By Materials, Packaging Kind, Manufacturing Course of, Utility & Area – SoccerNurds
  4. Greatest cryptocurrency mining swimming pools of 2021

Categories

  • Capital Structure
  • Excess Supply
  • Factoring UK
  • Feasibility Studies
  • Saving Investment

Recent Posts

  • Greenfern secures deal to supply medical cannabis
  • Single Phase Wet & Dry Cleaners Market Research Report – Global Forecast to 2030 – Indian Defense News
  • How can SMEs go public?
  • Not all “Secure 2.0” proposals in the House and Senate are the same
  • Australians are traveling more carefully after border closures and COVID-19 lockdowns
  • Terms and Conditions
  • Privacy Policy