UAE energy chief doubles down on Opec alliance with Russia

United Arab Emirates energy minister Suhail al-Mazrouei (AP)

The United Arab Emirates’ energy minister has doubled down on an oil alliance with Russia that has helped buoy crude prices to their highest in years as Moscow’s war on Ukraine rattles markets and sends energy and commodity prices soaring.

The minister said Russia, with its 10 million barrels of oil a day, is an important member of the global Opec+ energy alliance.