Egypt backs Saudi stance regarding OPEC + decision

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Cairo, Oct. 17 (BNA): The Arab Republic of Egypt said that it is following up  the reactions to the OPEC+ decision, which was recently issued.

The Egyptian Ministry of Foreign Affairs stated in a statement today that Egypt supports the Kingdom of Saudi Arabia's position in explaining the technical considerations of the (OPEC +) decision.


The King of Saudi Arabia had pointed out  that the decision aims primarily to achieve oil market stability and to ensure strengthening the international community's ability to deal with the current economic challenges.