Friday, October 7, 2022

US Reviewing Number Of Response Options Against Saudi Arabia Over OPEC+ Cuts - Blinken

Washington is considering "a number of response options," including against Saudi Arabia," after the Organization of the Petroleum Exporting Countries (OPEC) decided to cut oil production by two million barrels per day, US Secretary of State Antony Blinken said on Thursday.

"As for the relationship (with Saudi Arabia) going forward, we're reviewing a number of response options. We're consulting with Congress. We will not do anything that would infringe on our interests. That's first and foremost that will guide us," Blinken told a press conference in Lima after a meeting with Peruvian Foreign Minister Cesar Landa.

In 2020, 23 countries, including OPEC members and 10 non-cartel oil producers, reached a deal to voluntarily cut output amid the precipitous drop in oil demand as coronavirus-related shutdowns were taking place worldwide.

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