The relationship between the United States and the Kingdom of Saudi Arabia has been at its lowest point in a decade over the past month.US policymakers are urging President Joe Biden’s administration to reevaluate America’s relationship with its longtime ally in the Middle East following the shocking decision by the Organization of Petroleum Exporting Countries, of which Saudi Arabia is a member, to cut oil production by two million barrels per day. (OPEC oil nations agree)The decision of OPEC, according to critics, will raise oil prices at a time when consumers in the United States are already feeling the effects…
Author: TheDailyReports
Three U.S. officials confirmed on Tuesday that Saudi Arabia shared intelligence with American officials that suggests Iran may be preparing for an imminent attack on the kingdom. (Iran maybe planning attack)The Biden administration’s criticism of Iran for its crackdown on widespread protests and its condemnation of Iran for sending hundreds of drones and technical support to Russia for use in its war in Ukraine have raised concerns about a possible attack on Saudi Arabia.The National Security Council stated in a statement, “We are concerned about the threat picture, and we remain in constant contact with the Saudis through military and…
Saudi Arabia has rejected statements directed at the kingdom that are “not based on facts,” according to the news. These statements were made in response to the October 5 announcement of the “OPEC Plus” decision. (OPEC decision is purely economic)According to a reliable source in Saudi Arabia, the government “was informed on the proclamations given toward the Realm following the issuance of the choice, which remembered portraying it as favoring the Realm for global contentions, and that it was a choice in view of political thought processes against the US.” This information was provided by the Saudi Unknown Service.The Saudi…
The Saudi Arabian prince’s substantial funding of the American social media platform has sparked criticism of Elon Musk’s purchase of Twitter. Saudi Arabia, an ultraconservative kingdom, has a long history of human rights abuse and repression. (Elon Musk faces backlash )After months of conflict, Musk and Twitter Company reached a $44 billion agreement on Friday. The 51-year-old billionaire promptly fired the company’s CEO and other top executives as part of “reforms” he had already promised internet and social media users, including the “prioritization of free speech.” (Elon Musk faces backlash )However, Saudi Prince Alwaleed bin Talal stated that he and…
As the leaders of the OPEC Plus energy cartel, Saudi Arabia and Russia agreed on Wednesday to their first significant production cut in more than two years in an effort to raise prices and counter the efforts of the United States and Europe to stifle Moscow’s enormous revenue from the sale of crude. (OPEC to raise price)European leaders and President Biden have called for more oil production to reduce the cost of gasoline and punish Moscow for its aggression in Ukraine. The implications of the decision cannot be overstated. The Russian president, Vladimir V. Putin, has been accused of using…
A reporter asked President Joe Biden, on Tuesday, at a White House event to promote vaccination, “What’s your reaction to the Saudis on oil urging the U.S. not to use the reserves?” Biden stopped. A second reporter began to ask a new question after the silence lasted for a sufficient amount of time. After that, Biden gave the first reporter a friendly smile and said, “Get your Covid shot.” Biden’s nonsensical remark serves as a fitting symbol for his administration’s policy toward Saudi Arabia, which is now clear to be a ridiculous mix of cynicism, wild rhetorical shifts, and incompetence.As…
During a briefing last week, the White House press secretary made the remark just as a number of high-ranking American executives were getting ready to attend a major Saudi business conference with thousands of other investors, businesspeople, and politicians. (Democrats teaming up)The Future Investment Initiative, also known as Davos in the Desert, is scheduled to begin on Tuesday and last for three days. However, following a public and heated exchange of accusations over an Oct. 5 production cut by the oil cartel OPEC Plus, which is co-led by Saudi Arabia and Russia, U.S. officials will be absent.The cut — which…
Following OPEC+’s announcement on Wednesday that it would reduce its production quotas by two million barrels per day beginning in November, the White House expressed its dismay. (Biden calls OPEC decision “disappointment”)Russia is a member of the OPEC+ alliance, which made the decision likely in response to lower oil prices and lower demand as a result of a global economic slowdown. Oil prices are down from their peak of more than $100 in late spring and early summer, when they were around $80 per barrel.It comes just a few months after Biden traveled to Saudi Arabia in July to lobby…
In the midst of historically high energy costs and rising inflation, Saudi Arabia, Russia, and other countries that produce petroleum voted last week to reduce oil production. The timing appears to be chosen not only to provide fuel for the war machine led by Russian President Vladimir Putin, but also to reverse the aggressive efforts made by the United States Congress and the Biden administration to combat high inflation rates and lower gas prices. Yet, this antagonistic activity by Washington’s putative companions in Riyadh offered one silver lining: It demonstrated that the United States has a lot of power to…
According to interviews with about a dozen government officials and experts in Washington and the Gulf, the OPEC+ organization’s decision this week to cut oil production despite strong opposition from the United States has further strained already tense relations between the White House of President Joe Biden and the royal family of Saudi Arabia, which was once one of Washington’s staunchest allies in the Middle East. (Biden’s failed effort to put off OPEC from cutting oil production)These sources stated that the White House exerted a lot of pressure to thwart the OPEC output cut. Prior to the midterm elections, in…
