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World

Biden vows consequences for US-Saudi relations after OPEC decision

Published October 12, 2022 Updated October 12, 2022 02:25pm
Photo: REUTERS
Photo: REUTERS
By

WASHINGTON: President Joe Biden pledged on Tuesday “there will be consequences” for US relations with Saudi Arabia after OPEC+ announced last week that it would cut oil production over US objections.

His announcement came a day after powerful Democratic Senator Bob Menendez, chairman of the Senate Foreign Relations Committee, said the United States must immediately freeze all cooperation with Saudi Arabia, including arms sales.

Biden, in an interview with CNN’s Jake Tapper, would not discuss what options he was considering.

White House press secretary Karine Jean-Pierre said a policy review would be conducted but gave no timeline for action or information on who would lead the re-evaluation.

The United States will be watching the situation closely “over the coming weeks and months,” she said.

OPEC+ announced plans for an oil production cut last week after weeks of lobbying against one by US officials.

Biden re-evaluating US relationship with Saudis after OPEC decision

The United States accused Saudi Arabia of kowtowing to Russia, which objects to a Western cap on the price of Russian oil spurred by the Ukraine invasion.

US officials had been quietly trying to persuade its biggest Arab partner to nix the idea of a production cut, but Saudi Arabia’s de factor ruler, Crown Prince Mohammed bin Salman, was not swayed.

Bin Salman and Biden had clashed during Biden’s visit to Jeddah in July over the death in 2018 of Washington Post journalist Jamal Khashoggi, according to a source familiar with the situation.

US intelligence says the crown prince approved an operation to capture or kill Khashoggi, a Saudi insider-turned-critic.

OPEC+ heads for deep supply cuts, clash with US

The prince, son of King Salman, 86, has denied ordering the killing but acknowledged it took place “under my watch.” Biden said in July he told the prince he thought he was responsible.

John Kirby, the White House national security spokesperson, said Biden would work with Congress “to think through what that relationship ought to look like going forward.” “And I think he’s going to be willing to start to have those conversations right away.

I don’t think this is anything that’s going to have to wait or should wait, quite frankly, for much longer,“ Kirby added. State Department spokesperson Ned Price also said on Tuesday the Biden administration would not overlook Iran, a US adversary and a regional rival of Saudi Arabia, in the review.

OPEC oil cuts bad for global economy, says US’s Yellen

Much of US arms sales to Saudi Arabia have been made with Iran’s threat in the region in mind.

“There are security challenges, some of which emanate from Iran. Certainly, we won’t take our eye off the threat that Iran poses not only to the region, but in some ways beyond,” Price said.

Comments

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samir sardana Oct 12, 2022 05:51pm
OPEC AND OPEC + ARE IN TANDEM + = RUSSIA SAUDIS ARE SENSING THE SHIFTING SANDS ! NATO CANNOT PROTECT UKRAINE ! WILL US SAVE SAUDI AGAINST IRAN ? RUSSIA HAS TRACTION WITH IRAN ! IRAN IS CLOSER THAN EVER, TO A NUKE ! WHAT SECURITY CAN NATO PROVIDE, TO SAUDIA ? ONLY PRC AND PUTIN, CAN CONTROL IRAN ! OPEC BOOSTED OIL PRODUCTION IN JULY, AND THAT STRATEGY FAILED ALONGWITH THE US- SPR RELEASE ! WHAT DID IT ACHIEVE ? THE WAR HAS GOT MORE COMPLEX,AND WILL LAST, MUCH LONGER ! OIL PRICES ARE STILL CLOSE TO 100 USD,AND US SPR, IS CLOSE TO MULTI YEAR LOWS WHEN AND HOW,WILL SPR BE RE-STOCKED ? IF WAR BREAKS OUT IN THE PERSIAN GULF OR SCS - WILL US HAVE ENOUGH OIL ? HOW AND WHEN, WILL THE SPR BE RESTOCKED ? THE HOUSE OF SAUD, IS IN THE CAMP OF PUTIN -WHICH IS AS CLEAR, AS THE CONTRAILS, OF THE RUSSIAN CRUISE MISSILES ! dindooohindoo
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