Last week, OPEC Plus decided to cut oil production, ignoring the objections of the US government. Biden is angry at this. He also warned that US relations with Saudi Arabia will suffer as a result of the deterioration. Reuters news.
Democratic Senator Bob Menendez, chairman of the US Senate Foreign Relations Committee, said the US must immediately stop all cooperation with Saudi Arabia, including arms sales.
In an interview with CNN, Biden said he would not discuss what options he was considering.
White House press secretary Karin Jean-Pierre said a policy review would be conducted. But he did not give a timeline for action or information on who would lead the reassessment. He said the United States would monitor the situation closely in the coming weeks and months.
Saudi Foreign Minister Prince Faisal bin Farhan said the OPEC Plus decision was purely economic and was taken unanimously by its member countries. Alliance members acted responsibly and took appropriate decisions.
OPEC Plus, an alliance of 15 producing and selling countries, decided to cut 1 million barrels of oil per day or more from the mine on October 5. The group took this decision to boost the fuel oil market. OPEC sources also said that this decision to reduce daily oil production may be finalized at the next OPEC meeting on February 5.
Organization of the Petroleum Exporting Countries or OPEC is an alliance of 14 oil producing and exporting countries. After Russia became a member of this alliance, the new name of the alliance was OPEC Plus.
The United States has accused Saudi Arabia of wooing Russia by objecting to Western caps on Russian oil prices in response to Russia’s aggression in Ukraine.
US officials were quietly trying to persuade its biggest Arab partner to abandon the idea of cutting production. But the D factor ruler of Saudi Arabia, Crown Prince Mohammed bin Salman, did not listen to it.
The conflict between bin Salman and Baden began during Biden’s visit to Jeddah in 2018 over the death of Washington Post journalist Jamal Khashoggi.
(October 12)