Saudi Arabia Defied U.S. Warnings Ahead of OPEC+ Production Cut

RIYADH, Saudi Arabia — Days before OPEC and its allies led by Russia made major oil production cuts, American officials phoned their counterparts in Saudi Arabia and other major Gulf producers with an urgent appeal — delaying the decision for another month, according to people familiar with the speeches. The answer: a resounding is no.

US officials warned Saudi leaders that the cuts would be seen by Riyadh as the obvious choice to side with Russia in the Ukraine war and that the move would undermine already-existing support. Washington’s weakening of the kingdom.

https://www.wsj.com/articles/saudi-arabia-defied-u-s-warnings-ahead-of-opec-production-cut-11665504230 Saudi Arabia Defied U.S. Warnings Ahead of OPEC+ Production Cut

Edmund DeMarche

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