The crown prince enjoyed a buoyant welcome at the G20 on Friday from Putin, the two exchanging a high-five and grinning broadly as if they were long-lost friends.
Putin said he had agreed with Prince Mohammed to renew a pact on cutting oil production by their two nations, the world’s leading exporters of crude.
Analysts had been touting a Russia-Saudi deal ahead of talks next week in Vienna of the OPEC oil cartel, as global crude prices have been slumping.
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