MOSCOW (Sputnik) — Bahrain welcomes the joint statement by Russia and Saudi Arabia on stabilizing the oil market, Bahrain's Ambassador to Russia Ahmed Abdulrahman Saati told Sputnik.
"Bahrain is not a major oil producer, we are not members of OPEC, but we welcome any agreement between oil producers that could stabilize the market. I think that the Russian-Saudi agreement will promote a stabilization of oil production and prices, as these are major oil producers. This will affect the entire oil market," Saati said.