Oil, Ukraine, Gaza on agenda as Putin meets Gulf leaders

Russia's President Vladimir Putin attends a meeting with United Arab Emirates' President Sheikh Mohammed bin Zayed al-Nahyan in Saint Petersburg, Russia, October 11, 2022.
Russia's President Vladimir Putin attends a meeting with United Arab Emirates' President Sheikh Mohammed bin Zayed al-Nahyan in Saint Petersburg, Russia, October 11, 2022.
Sputnik/Pavel Bednyakov/Pool via REUTERS

Vladimir Putin is on the move Wednesday, visiting Saudi Arabia and the UAE before returning home to host Iranian President Ibrahim Raisi in Moscow a day later.

The context: The Gulf monarchies have largely bucked Western pressure to isolate Moscow over Russia’s invasion of Ukraine. Iran, meanwhile, is a crucial supplier of drones and other arms for Putin’s war.

What’s on the agenda?

First, oil. Russia and the wider OPEC+ group of leading producers agreed last week to cut output by more than 2 million barrels daily to prop up prices as concerns about a sluggish global economy weigh on demand for oil. After a muted market reaction, Moscow on Tuesday proposed even more cuts. Saudi Arabia and Russia are the top two producers in the OPEC+ group – for any strategies to have credibility with the market, Putin and Saudi Crown Prince Mohamed bin Salman need to be on the same page.

Second, Ukraine. With Western support for Ukraine looking shakier, Putin doubtless wants to lobby Saudi Arabia on his vision of what a settlement might look like. Recall that in August Riyadh hosted a 40-country Ukraine peace summit – and Russia wasn’t invited.

Third, Gaza. As we explained last month, a little Middle East instability suits Putin just fine – it distracts attention from Ukraine, complicates life for the US, and could even open avenues for Russia to heroically mediate, given its ties to both Israel and Hamas.

But with Putin’s forces deeply enmeshed in Syria, a wider regional war that draws in Iran and Syria could be a nightmare for him. As Israel trades crossborder shots with Lebanon-based Hezbollah while US forces see growing tit-for-tats with other Iran-backed militias in the region, Putin will want to understand exactly where the red lines are for Riyadh and Tehran.

More from GZERO Media

A combination photo shows a person of interest in the fatal shooting of U.S. right-wing activist and commentator Charlie Kirk during an event at Utah Valley University, in Orem, Utah, U.S. shown in security footage released by the Utah Department of Public Safety on September 11, 2025.
Utah Department of Public Safety/Handout via REUTERS
A drone view shows the scene where U.S. right-wing activist, commentator, Charlie Kirk, an ally of U.S. President Donald Trump, was fatally shot during an event at Utah Valley University, in Orem, Utah, U.S. September 11, 2025.
REUTERS/Cheney Orr

The assassination of 31-year old conservative activist Charlie Kirk at a college event in Utah yesterday threatened to plunge a deeply divided America further into a cycle of rising political violence.

Venezuela's President Nicolas Maduro stands next to members of the armed forces, on the day he says that his country would deploy military, police and civilian defenses at 284 "battlefront" locations across the country, amid heightened tensions with the U.S., in La Guaira, Venezuela, September 11, 2025.
Miraflores Palace/Handout via REUTERS

284: Venezuelan president Nicolás Maduro has deployed military assets to 284 “battlefront” locations across the country, amid rising tensions with the US.

A member of Nepal army stands guard as people gather to observe rituals during the final day of Indra Jatra festival to worship Indra, Kumari and other deities and to mark the end of monsoon season.
REUTERS/Navesh Chitrakar

Nepal’s “Gen-Z” protest movement has looked to a different generation entirely with their pick for an interim leader. Protest leaders say they want the country’s retired chief justice, Sushila Karki, 73, to head a transitional government.