Ahead of President Biden’s trip to Saudi Arabia this summer, his administration thought it had secured pledges of increases in oil production throughout the year. The opposite happened.
Tag: Mohammed bin Salman (1985- )
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U.S. Executives Are Flocking to Saudi Davos in the Desert
Some top American business leaders are headed to the Saudi business conference. But Biden administration officials, angry over the kingdom’s stance on oil production and ties with Russia, are staying away.
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Biden’s Choice After OPEC Cuts: Woo Saudi Arabia, or Retaliate?
The announcement by the Saudi-led OPEC Plus energy cartel that it would slash oil production was widely seen in Washington as a stab in the back of President Biden.
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Putin and M.B.S. Are Laughing at Us
Putin’s motivation for OPEC’s price hike is no mystery.
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OPEC Move Shows the Limits of Biden’s Fist-Bump Diplomacy With the Saudis
OPEC’s decision to curb oil production was a signal that President Biden’s influence over his Gulf allies was far less than he had hoped.