Speaking with Saudi Arabia on OPEC+’s plan to cut production and energy prices has been confirmed by US President Joe Biden.
Foreign Minister Anthony Blinken discussed the situation and the implications of Washington’s choice to not reply to the OPEC+ decision on relations with Saudi Arabia.
Plinken noted that Saudi Arabia has a variety of interests, and he added that American policy should take this into account.
John Kirby, the director of communications for the White House, responded by claiming that OPEC’s decision to cut output was not motivated by economic concerns.
He requested that the group increase oil output at its upcoming summit on behalf of his nation.
Kirby stated that he would not consider any potential solutions for an OPEC+ decision that Washington would not support.
The fact that Saudi Arabia rejected calls for OPEC+ to cut oil output by two million barrels per day as of November is notable.
The coalition’s main objective, the stability of the market and preventing oscillations, is the sole justification for the action, according to a statement from the Ministry of Foreign Affairs.
The statements alleging the Kingdom’s bias in global wars were categorically rejected by the Kingdom.
According to the Saudi Foreign Ministry, the Kingdom rejects OPEC+ due to political animosity toward the United States.
Biden: We’ll discuss OPEC+decision and oil pricing with Saudi Arabia.
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