MOSCOW—Russian President Vladimir Putin hosted Saudi Arabia’s King Salman for talks at the Kremlin on Thursday, cementing a relationship that is crucial for determining world oil prices and could be pivotal for resolving conflicts in the Middle East.
King Salman, the first sitting Saudi monarch to visit Russia, led a delegation to Moscow that agreed on joint investment deals worth several billion dollars, providing much-needed investment for a Russian economy battered by low oil prices and Western sanctions.
