Saudi Arabia cuts oil production despite USA warning

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As members of the Organization of the Petroleum Exporting Countries (OPEC) have announced reducing oil production, Saudi Arabia’s crown prince Mohammed bin Salman said Riyadh is no longer interested in pleasing the United States, despite of USA warning that reducing production is not advisable.

According to a recent report, Mohammed bin Salman has told associates that Riyadh is no longer interested in pleasing the United States.

Recently several major oil producers, including Saudi Arabia, Russia, the United Arab Emirates (UAE), Iraq, Kuwait, Oman, and Algeria, have announced plans to cut oil production starting from May 2023.

The cuts target to reduce oil production by 1.15 million barrels of oil per day.

After the decision, the White House responded to the news by stating that cutting oil production was not advisable and therevwould be consequences, but the major oil producers including Saudi Arabia’s leaders do not seem to care, according to WSJ.

According to a report, the oil production cut “has major political ramifications and could add to Riyadh’s already significant tensions with Washington.”

In July, Joe Biden flew to Saudi Arabia to meet with the prince and pressed the Saudis for more oil production. But Saudi government and crown prince Mohammed bin Salman are not interested in pleasing the U.S. any more and they refused his request.


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