The kingdom said that the Biden administration had asked for a one-month delay to the reduction in output. That could have prevented a price spike before the American midterm elections.
Saudi Arabia says that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production. OPEC announced the
Saudi Arabia said Thursday that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month which would have been just before the upcoming American midterm elections.
Saudi Arabia's foreign ministry issued a rare statement confirming the Biden administration had pressured OPEC+ to delay oil production cuts until November.
President Joe Biden's administration pushed the Saudi government to delay a cut in oil production until after the US midterm elections, Saudi Arabia said Thursday.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Saudi Arabia says Biden administration asked them to delay oil cuts until after midterm elections | Since Then