Saudi Foreign Minister: decision to reduce oil production was not made to the detriment of the United States

“You have a refining deficit, you haven’t built refineries for decades,” the diplomat explained high US gasoline prices.

He stressed that the decision to cut oil production was not intended to harm Washington.

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 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.