Cracks in Saudi-US relations, Biden warns
US President Joe Biden has warned that Saudi Arabia will suffer severe consequences for its decision to cut oil production. Speaking to reporters outside the White House, he said, measures will be taken against Riyadh for such a decision by OPEC Plus. News from The Guardian.
On Wednesday (October 12), US President Joe Biden met with reporters after leaving the White House. At this time, journalists want to know his reaction about the announcement of OPEC Plus.
Biden said, we will take action against Saudi Arabia. This is being discussed.
OPEC plus countries including Saudi Arabia and Russia announced to cut oil production on October 5. According to the new decision, oil production will be reduced by 2 million barrels per day. The price of oil started to increase in the world market after such announcement of the alliance. The United States immediately reacted angrily.
White House spokeswoman Caryn Jane Pierre said President Biden is considering reconsidering relations with Saudi Arabia. But when it can be done is a matter of time. The issue will also be discussed with the Senate members and allied countries. This may take several weeks. Again it may take a few months. Everything depends on the situation.
Meanwhile, the Saudi administration has also opened its mouth about Joe Biden's warning. In a press conference on Wednesday, the spokesperson of the Ministry of Finance of Saudi Arabia said that the American president gave this angry response in frustration of not being able to control his own inflation.
The spokesperson of the Ministry of Finance said that oil is not a weapon to be used in war. The decision to reduce oil production has been taken considering the current demand and supply. And the allied states have no hand behind such a decision. Production is scaled up keeping in mind the market. The reason for the angry reaction of various countries is the increase in the price of energy products around the world. They are blaming us for not being able to control inflation.
According to the international media, top officials of the United States were secretly urging Saudi Arabia not to decide to reduce oil production in order to achieve their goals. However, Saudi Crown Prince Mohammed bin Salman was not impressed. Analysts believe that due to the announcement of OPEC, the rift between the Biden administration and the royal family of Saudi Arabia has increased.
