The United Arab Emirates’ minister of energy and industry said on January 12 that a deal that cuts oil output with the goal of pushing prices higher will stick through the end of December 2018—despite rumblings in Russia for an early exit.
US President Donald J. Trump is expected to meet his Russian counterpart, Vladimir Putin, at the Group of Twenty (G20) summit in Buenos Aires later this week. Is that a good idea in light of Russia’s latest aggression toward Ukraine and the somewhat stymied success of past meetings between the two leaders? In an interview with The Washington Post , Trump left open the possibility that he might, after all, cancel the meeting over the incident in the Kerch Strait. “Maybe I won’t even have the meeting,” he said.