Saudi- U.S. Relations Sour Further On Huge OPEC+ Surprise Cut ...Middle East

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Saudi- U.S. Relations Sour Further On Huge OPEC+ Surprise Cut
source : OILPRICE ( Middle East ) () 46
The surprise huge new cut in oil production from ‘OPEC+’ - the Saudi Arabia-led OPEC group of countries ‘plus’ Russia - highlights that any optimism over a possible rapprochement between Saudi Arabia and its previous key superpower ally, the U.S., is ill-founded. Instead, newly emboldened by the Beijing-brokered Saudi Arabia-Iran deal to resume relations, followed by the approval of a plan to join the Shanghai Cooperation Organisation (SCO) as a ‘dialogue partner’, Saudi Arabia has now decisively shifted into…

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