Oil is a very important export of many countries in the Middle East, and the coronavirus has caused a 30% drop in oil usage around the world. Due to this Saudi Arabia and Russia, are hoping to cut the amount of oil they are outputting. The announcement is expected to come Thursday, but it is not confirmed yet. The agreement would reduce the amount of output by 10 million barrels per day. There is currently a surplus of oil, and so these cuts may not do much to curb the amounts unless they were much larger numbers. The discussion is set to happen at the Organization of Petroleum Exporting Countries (OPEC) meeting. There are currently 15 countries in this alliance, and of those countries, six are in the Middle East and ten have a Muslim majority. This will have a tremendous impact on the Middle East and Islam as a whole, as the amount of money these countries are making declines due to the virus. Muslims in these countries may face economic downturns that will impact Islam throughout these countries and the world.
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