President Biden’s administration Saudi Arabia has urged a month-long delay in cutting oil production, putting it behind the midterm elections, the kingdom said on Thursday.
The Saudi government, which leads the OPEC oil cartel, rejected pleas from the United States last week and went ahead with oil production cuts, which could cause gas prices in the United States to soar ahead of Election Day.
The Kingdom’s government, through its continuous consultation with the US administration, made it clear that all economic analyzes indicate that postponing the OPEC + decision for a month, as has been proposed, will have negative economic consequences. The Saudis, according to the Guardian.
The Biden administration reacted angrily to the decision, announcing Wednesday that the United States would “re-evaluate” its relationship with the Saudis.
White House press secretary Karen Jean-Pierre went so far as to accuse the Saudis of siding with Russia on Tuesday. She announced Biden’s plans to undo the long US alliance with the Saudi government, though the president and administration declined to provide details of potential actions.
In addition to the possible electoral repercussions in the United States, many European countries as well Facing tension in the power supply This year, Russia restricted exports in response to Western economic sanctions over President Vladimir Putin’s invasion of Ukraine.
We believe with the decision taken by OPEC + last week, [Saudi Arabia is] “They are certainly siding with Russia,” Jean-Pierre said during a press conference Tuesday at the White House. “Now, this is not the time aligned with Russia, Especially with this unprecedented brutal war that they started in Ukraine. ”
Biden’s allies in Congress are also pressing him to take action against the Saudis. Senator Bob Menendez, DN.J. , On Monday, the White House called for an “immediate freezing of all aspects of our cooperation with Saudi Arabia.” He added that the United States should consider stopping arms sales to the country.
“There is simply no place to play on either side of this conflict — either supporting the rest of the free world in trying to prevent a war criminal from violently wiping an entire country off the map, or supporting it,” Menendez wrote. . Saudi Arabia chose the latter in a terrible decision out of economic self-interest.”
Biden himself confirmed that he was exploring the “consequences” for Saudi Arabia in a recent interview.
“There are going to be some consequences for what they did with Russia,” Biden told CNN reporter Jake Tapper in an interview published on Tuesday. “I won’t go into what I think and what’s on my mind. But there will be consequences.”