05.04.2023 - 10:13 [ Oilprice.com ]

U.S. Losing Influence As Saudi Arabia Joins Shanghai Cooperation Organization

The Kingdom had already signed a memorandum of understanding on 16 September 2022 granting it the status of SCO dialogue partner, as was exclusively reported by OilPrice.com at the time. However, Saudi Arabia did nothing to encourage the release of the news at that point, unlike now – just after it resumed relations with Iran, in a deal brokered by China.