Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessBiden to ‘re-evaluate’ relationship with Saudi Arabia after OPEC+ decision, White House...

Biden to ‘re-evaluate’ relationship with Saudi Arabia after OPEC+ decision, White House says

Add to Favorite
Added to Favorite
President Joe Biden and Saudi Crown Prince bumps fist at Al-Salam Palace in Jeddah, on 15 July,2022. Source: Saudi Press Agency

A National Security Council spokesman recently said that President Joe Biden felt that the nation’s relationship with Saudi Arabia could be reevaluated after working with Congress. This decision has been made after OPEC+ decided to decrease the production of oil, last week, when they announced that output would be cut by two million barrels a day. This decision was made, despite lobbying from the US administration and Biden had called the move a “disappointment .”

National Security Council coordinator for strategic communications John Kirby recently appeared on an interview on CNN’s “New Day.” When pressed by Brianna Keilar about the strong words expressed by Senate Foreign Affairs Chairman Bob Mendez on the nation’s relationship with Saudi Arabia, Kirby said that the President was “willing to work with Congress” as they thought about the “right relationship” that was needed, “going forward.”

Meeting with Deputy Crown Prince and Defence Minister of Saudi Arabia Mohammad bin Salman Al Saud May 30, 2017 The Kremlin, Moscow

Kirby also said that he thought that President Biden had “been very clear” that they continued “to reevaluate” and that they needed to be “willing to revisit” the relationship between Saudi Arabia and the US.

He also mentioned that the recent decision taken by the OPEC had made him willing to work with Congress as to how the relationship would proceed.

In July, President Joe Biden had visited Saudi Arabia for a conference, following which there was a small increase in the production of oil from OPEC+. However, last week’s announcement of a decrease in oil output has disappointed President Biden.

After Wednesday’s decision by OPEC +, the White House mentioned that the president would release oil from the Strategic Petroleum Reserve (SPR), when necessary. Earlier in the year, he had announced the release of barrels from the SPR, when the pump price in the nation had reached high levels.

On Tuesday, the White House said that it would go ahead with the 180 million barrels release as announced earlier. However, after the Wednesday OPEC+ announcement, the US government is considering additional release from the SPR, when necessary.

In another Celebrity News update Fashion House  ParisJewelry.com  has started manufacturing new custom line of celebrity jewelry products.

President Biden comments on March job reports, says U.S. economy ‘on the move’

Subscribe to get Latest News Updates

Latest News

You may like more
more

Advance Auto Parts Downgraded to Sell Amid Earnings Miss and Weak Outlook

CFRA analysts downgraded Advance Auto Parts (NYSE:AAP) from Hold...

Guggenheim Reiterates Buy Rating on Cabaletta Bio Amid Promising Data

Guggenheim analysts reaffirmed a Buy rating and a $23...

Goldman Sachs Initiates Neutral Coverage on Doximity, Highlights Balanced Growth Potential

Goldman Sachs analysts initiated coverage on Doximity (NYSE:DOCS) with...

JPMorgan Downgrades bluebird bio to Underweight Following Q3 Results

JPMorgan analysts downgraded bluebird bio (NASDAQ:BLUE) from Neutral to...