Russia–Saudi Arabia relations (Russian: Российско-саудовские отношения, Arabic: العلاقات السعودية الروسية) are the bilateral relations between the Russian Federation and the Kingdom of Saudi Arabia.

Jan 24, 2025 · Russia has been exporting arms to countries including Saudi Arabia, bolstering its economy after a barrage of sanctions followed its full-scale invasion of Ukraine in 2022.

In 2016, SPA translated Saudi Vision 2030 into Russian, providing the Russian audience with access to the vision's developmental dimensions. The vision outlines long-term economic plans to diversify the Saudi economy and reduce dependence on oil.

Nov 20, 2024 · Russia's wartime economy could face a tougher time securing needed oil revenue if Saudi Arabia tanks global crude prices. The kingdom has reportedly signaled that crude could drop as low as...

On 8 March 2020, Saudi Arabia initiated a price war on oil with Russia, which facilitated a 65% quarterly fall in the price of oil. [1] The price war was triggered by a break-up in dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19 pandemic. [1]

Dec 7, 2023 · Saudi Arabia and Russia, the world's two biggest oil exporters, called for all OPEC+ members to join a deal on output cuts.

3 days ago · Saudi Arabia and the United Arab Emirates are seen by Russia as possible venues for a summit between U.S. President Donald Trump and Russian President Vladimir Putin, two Russian sources with ...

Apr 3, 2024 · Saudi Arabia has become important to the diversification of Russia’s economy under Western sanctions. For Riyadh, the agreements fit its own diversification initiatives.

Sep 14, 2022 · As Russia massed troops on its border with Ukraine and invaded the country at the start of the year, Saudi Arabia’s Kingdom Holding Company quietly invested more than $600 million in Russia’s...

Oct 5, 2022 · The spotlight is back on the burgeoning Saudi-Russia relationship, thanks to their renewed efforts to prop up oil prices and Saudi Crown Prince Mohammad bin Salman’s role in brokering a surprise deal in September to release foreign prisoners of war seized on the battlefield in Ukraine, including several U.S. and UK military veterans.