China Daily Global | Updated: 2021-07-07 09:54 Share CLOSE A 3D printed oil pump jack is seen in front of displayed stock graph and OPEC logo in this illustration picture, April 14, 2020. [Photo/Agencies]
RIYADH/HONG KONG-Saudi Arabia is engaged in a rare public spat with its Emirati allies over a critical oil output deal, feeding tensions that saw an OPEC+ alliance meeting called off on Monday.
The United Arab Emirates has bitterly opposed a proposed deal by the alliance of oil-producing countries to raise production, causing a stalemate that could derail efforts to curb rising crude prices amid a fragile post-pandemic recovery.
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