{"id":28,"date":"2022-11-07T11:13:25","date_gmt":"2022-11-07T11:13:25","guid":{"rendered":"https:\/\/metalfabme.com\/blog\/?p=28"},"modified":"2022-11-07T11:13:25","modified_gmt":"2022-11-07T11:13:25","slug":"is-an-oil-war-on-the-horizon","status":"publish","type":"post","link":"https:\/\/metalfabme.com\/blog\/is-an-oil-war-on-the-horizon\/","title":{"rendered":"Is an oil war on the horizon?"},"content":{"rendered":"<p>While US has accused Saudi Arabia of siding with Russia after OPEC+ cuts, Saudi Arabia has firmly denied the accusations, noting that the oil cut is \u2018purely economic\u2019<\/p>\n<p>When OPEC+ recently decided to slash output by 2 million barrels per day, US President Joe Biden clearly expressed his anger at Saudi Arabia, a core member of OPEC, for lending a deaf ear to its pleas. Biden said in an interview with CNN on Tuesday that there would be \u201cconsequences\u201d although he did not go into further detail as to what those consequences might be.<\/p>\n<p>The Biden administration sees the kingdom\u2019s move to cut oil production as a blatant display of siding with Russia.<\/p>\n<p>\u201cThe United States must immediately freeze all aspects of our cooperation with Saudi Arabia, including any arms sales and security cooperation beyond what is absolutely necessary to defend U.S. personnel and interests,\u201d Menendez said in a statement.<\/p>\n<p>Source : <a href=\"https:\/\/www.oilandgasmiddleeast.com\/news\/is-an-oil-war-on-the-horizon\">https:\/\/www.oilandgasmiddleeast.com\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While US has accused Saudi Arabia of siding with Russia after OPEC+ cuts, Saudi Arabia has firmly denied the accusations, noting that the oil cut is \u2018purely economic\u2019 When OPEC+&#8230; <\/p>\n","protected":false},"author":1,"featured_media":29,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-28","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Is an oil war on the horizon? 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