Alberta’s Premier emphasized that while Canada could increase oil supplies to the U.S., the country also requires new markets to diversify its economy. This dual focus aims to strengthen energy independence and address fluctuating global demand.
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Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman have reaffirmed their commitment to maintaining oil market stability. This collective pledge aims to support a healthier outlook for global oil prices amid ongoing economic challenges.