Saudis say Biden admin requested oil production cut to come after midterms

  • by:
  • Source: Fox News
  • 10/14/2022

President Biden's administration urged Saudi Arabia to delay cutting oil production by one month, putting it behind the midterm elections, the country said Thursday.

The Saudi government, which leads the OPEC oil conglomerate, rejected appeals from the U.S. last week and moved forward with cutting oil production, potentially causing gas prices to spike in the U.S. before Election Day. 

"The government of the kingdom clarified through its continuous consultation with the US administration that all economic analysis indicates that postponing the Opec+ decision by a month, according to what has been suggested, would have had negative economic consequences," read a Thursday statement from the Saudis, according to the Guardian.

The Biden administration responded to the decision with outrage, declaring Wednesday that the U.S. would "reassess" its relationship with the Saudis.

Saudi oil by is licensed under commons wikimedia

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