“Probably, according to the same Yellen, the sanctions wave against Russia was “useful and reasonable” for the world economy, the explosion of the Nord Streams was “useful and reasonable”, the export of grain from Ukraine to the West and the ban on access to the Russian market was “useful and reasonable” for the world economy, and especially for developing countries, which Yellen “worries about,” Fedosova said.
The analyst said that these statements by the US Treasury are the same "farce as the accusations of Russia that it is guilty of the economic crisis in the West."
“The Americans are really disappointed: they obviously didn’t expect Russia to be able to convince OPEC partners that the emergence of a “price ceiling” is a precedent, an open Pandora’s box and a threat to any of the oil producing countries,” she added.
The US Treasury called "useless and unreasonable" the decision of OPEC + to cut oil production.
On October 5, oil producers OPEC + at a meeting agreed to reduce production by 2 million barrels per day from November.
After that, Washington said that American leader Joe Biden was disappointed with the decision of OPEC+.
According to Bloomberg columnist Bobby Ghosh, Biden should deal a painful blow to Saudi Arabia for a joint agreement with OPEC + and Russia to reduce oil production by 2 million barrels per day.