“Took Putin’s side”: Biden threatens Saudi Arabia for oil collusion with Russia
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American congressmen believe that the Saudis are helping the president of the Russian Federation. If OPEC countries limit oil production, Russian black gold will become more expensive and the aggressor will get more money to continue the war in Ukraine.
The United States should rethink its interaction with Saudi Arabia after its agreements with Russia to reduce oil production. US President Joe Biden said this in an interview with the American television channel CNN.
“What they (the Saudis – ed.) did to Russia will have some consequences,” the American leader warned.
The decision by the Saudi-led OPEC oil cartel to cut production last week angered the White House. Officials say Biden was quite disappointed and called Arabia's decision “short-sighted,” the journalists noted.
CNN notes that such a move, 3 months after Biden's meeting with Saudi Crown Prince Mohammed bin Salman Al Saud, will cause gas prices to rise ahead of the November US midterm elections.
“Let's see why I went (to meet with Mohammed ibn Salman – ed.). I did not deal with oil, I convinced that we were not going to leave the Middle East,” Biden explained.
In the summer, gas prices in the US peaked, but gradually they declined. This gave Biden and his aides a strong bargaining chip ahead of the election. Growing demand for gas and refinery repairs pushed up fuel prices again. The decision of OPEC will only aggravate the situation, the authors of the article noted.
Saudi Arabia “took Putin's side”
The head of the US Senate Foreign Affairs Committee, Robert Menendez, considers it necessary to freeze US cooperation with Saudi Arabia. The senator promises to use the right of veto in Congress on the sale of weapons to the Saudis.
Menendez criticizes the decision of OPEC to limit oil production, this measure will cause an increase in prices for a resource, in particular, Russian. Such a turn is financially beneficial for Russia to wage a full-scale war with Ukraine, he said.
Saudi Arabia “took sides” with Russian President Vladimir Putin, Menendez said.
“I have to oppose the Saudi government's decision to help support Putin's war through the OPEC cartel. You can't play on both sides of the conflict: either you support the free world in an attempt to stop a war criminal who is trying to wipe the whole country off the map, or you support him,” he stressed. Menendez.
Congresswoman Elissa Slotkin considers Saudi Arabia's decision to rapprochement with Russia a strategic mistake.
“In the best scenario, they made a decision that did not help the rest of the world. In the worst case, they joined Putin, and we have a problem,” she said.
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OPEC stabilizes oil market
Saudi Arabian authorities stress that OPEC's decision to cut production by 2 million barrels per day is needed to stabilize the oil market, and not to increase prices amid rising interest rates by central banks and the prospect of a global recession.
Saudi Foreign Minister Faisal bin Farhan Al Saud said the OPEC decision was a purely economic measure taken in agreement with all members of the group. Bin Farhan considers relations with the United States of strategic importance.
“Military cooperation between Riyadh and Washington serves the interests of both countries and promotes stability in the region,” he said.
On October 5, the OPEC Monitoring Committee agreed to reduce oil production by 2 million barrels per day. Because of this, the price of Brent oil on the London Stock Exchange soared above $93 per barrel.
The Americans began lobbying their colleagues from Kuwait, Saudi Arabia and the UAE to vote against oil cuts.