A senior official of the Biden administration in the United States said that OPEC Plus, which includes oil-producing countries such as Russia in OPEC, such as Saudi Arabia, has decided to significantly reduce crude oil production from next month. He made it clear that he intends to reassess the relationship.
OPEC+ decided on the 5th of this month to drastically cut crude oil production by 2 million barrels per day against the backdrop of growing concerns about a global economic slowdown due to interest rate hikes in Europe and the United States from next month onwards. .
The US White House spokesman Jean-Pierre said on Monday that the cut in crude oil production could lead to higher prices and higher Russian oil revenues. I accept it," and criticized OPEC Plus' decision.
``President Biden believes that the relationship with Saudi Arabia should be reviewed to serve its security interests,'' said Kirby, the White House strategic public relations coordinator.
In response to soaring international crude oil prices, President Biden visited Saudi Arabia in July this year, overcoming domestic opposition, and called for increased crude oil production.
Regarding the decision of OPEC Plus, voices have been raised from within the ruling party and the Democratic Party that arms sales to Saudi Arabia should be reviewed.