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 ‘purely economic’

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 “consequences” although he did not go into further detail as to what those consequences might be.

The Biden administration sees the kingdom’s move to cut oil production as a blatant display of siding with Russia.

“The 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,” Menendez said in a statement.

source : https://www.oilandgasmiddleeast.com/