Washington ‘panicking’ over potential Russian and Saudi oil cut – CNN ...News

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Washington ‘panicking’ over potential Russian and Saudi oil cut – CNN
Riyadh and Moscow are reportedly seeking to raise oil prices by agreeing deep output reductions The White House is desperately seeking a way to prevent a major cut in oil production, which is expected to come after a meeting of OPEC+ member states in a move that is certain to send prices at the pump surging, CNN reported late on Tuesday. Washington has mobilized all available human resources in the administration, with the White House “having a spasm and panicking,” an unnamed senior official told the media, describing these latest efforts as “taking the gloves off.” The size of the reductions has yet to be agreed

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