The State Department said that OPEC has the opportunity to expand oil production

“There is additional capacity there, there is room to expand production,” Hochstein said in an interview with CBS.

He expressed confidence that "several steps" would be taken in the coming weeks.

Earlier, Saudi Foreign Minister Faisal bin Farhan Al Saud said that the issue of oil production was not raised at the Gulf Cooperation Council summit in Jeddah with the participation of US President Joe Biden.