Opec+ crisis deepens as Saudi Arabia refuses to budge

The bitter clash has forced Opec to halt talks twice already, putting markets in limbo as oil continues its inflationary surge above US$75 (RM311.70) a barrel.9Opec logo at its HQ - Filepic)

RIYADH: Saudi Arabia and the United Arab Emirates cranked up the tension in their Opec standoff as the rare diplomatic spat between long-time allies leaves the global economy guessing how much oil it will get next month.

The bitter clash has forced Opec+ to halt talks twice already, putting markets in limbo as oil continues its inflationary surge above US$75 (RM311.70) a barrel.