Tag: Organization of the Petroleum Exporting Countries

Blinken to Talk to Saudis About Normalizing Ties With Israel

U.S. Secretary of State Antony J. Blinken will travel to Saudi Arabia to discuss the idea at a time when the politics in the three countries may make normalization difficult.

Oil Prices Jump After Surprise OPEC Production Cut

Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.

Saudi Arabia Offers Its Price to Normalize Relations With Israel

The Saudi crown prince is seeking a civilian nuclear program and security assurances from President Biden, a steep price for an agreement long sought by Israel.