Conservative Guard
  • Home
  • Breaking News
  • US
  • World News
  • China
  • Business
  • Politics
  • Crime
  • Finance
  • Entertainment
No Result
View All Result
  • Home
  • Breaking News
  • US
  • World News
  • China
  • Business
  • Politics
  • Crime
  • Finance
  • Entertainment
No Result
View All Result
theTotalStory | Conservative News & Opinion
No Result
View All Result
Home Finance

Biden Admin ‘Fuming’ Saudis Reneged on Secret Deal

Conservative Guard by Conservative Guard
October 27, 2022
in Finance
0
Biden Admin ‘Fuming’ Saudis Reneged On Secret Deal
7
VIEWS
Share on FacebookShare on Twitter

White House officials were left angered that Saudi Arabia backed out of a secret deal to increase oil production through the end of the year, The New York Times is reporting.

President Joe Biden had traveled to Saudi Arabia this summer and left believing the deal was sealed. But in early October, Saudi Crown Prince Mohammad bin Salman led OPEC Plus in its decision to cut production by 2 million barrels per day.

The move came after U.S. lawmakers had been informed about the trip’s benefits and details of what the administration believed was an agreed upon deal. The Times noted the lawmakers are now fuming that the crowned prince duped the administration.

The Times said its information came from interviews with American officials and officials from Gulf Arab nations, along with Middle East experts.

The newspaper reported that just days before the cuts were announced, American officials said they had received assurances from the crown prince there would be no decreases in oil production. And after learning of the cuts, American officials made an unsuccessful attempt to try to reverse it.

After the cuts, angry Biden officials said the administration was going to reassess America’s relation with the kingdom. The White House also claimed that Saudi Arabia was helping Russia in the war with Ukraine.

The Saudi Energy Ministry said in a statement that “the kingdom rejects these allegations and stresses that such mischaracterizations made by anonymous sources are entirely false. The decisions of OPEC Plus are reached by the consensus of all members and determined solely by market fundamentals, not politics.”

Adrienne Watson, a National Security Council spokeswoman, said in a statement: “We have a disagreement with Saudi Arabia over the most recent production cut, but our energy policy has always focused on prices, not number of barrels — and that policy is succeeding with crude oil prices down over 30 percent this year alone.”

Meanwhile, The Wall Street Journal reported that the crown prince mocked Biden after rejecting the deal.

The 37-year-old Saudi prince “mocks President Biden in private, making fun of the 79-year-old’s gaffes and questioning his mental acuity,” Saudi government insiders said.

The crown prince told his advisers he had not been impressed with Biden since he was vice president and that he “much preferred” former President Donald Trump.


© 2022 Newsmax. All rights reserved.

Related

Previous Post

Congressional investigators reveal evidence suggesting Hunter Biden potentially compromised by China

Next Post

Sen. Bob Menendez subject of new federal investigation: Report

Next Post
Sen. Bob Menendez Subject Of New Federal Investigation: Report

Sen. Bob Menendez subject of new federal investigation: Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 11.3k Subscribers
  • Trending
  • Comments
  • Latest
Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets

Why Adani’s $100 Billion Loss Hasn’t Tanked India’s Markets

February 11, 2023
Women Balk At Chinese Government Plans To Raise Birth Rate

Uyghurs Challenge the World’s Selective Memories of Genocide on Holocaust Remembrance Day

January 27, 2023
Former Arizona State Student Appeals Conviction For Distributing Constitution Copies

Former Arizona State Student Appeals Conviction for Distributing Constitution Copies

January 27, 2023
Ukraine Attacks Russia’S Hold On Southern City Of Kherson

Ukraine attacks Russia’s hold on southern city of Kherson

October 27, 2022
Tensions Rise On Peninsula Over Fears North Korean Eyeing ‘Tactical’ Nukes With New Policy

Tensions rise on peninsula over fears North Korean eyeing ‘tactical’ nukes with new policy

0
Times Square May Get One Of The Few Spectacles It Lacks: A Casino

Times Square May Get One of the Few Spectacles It Lacks: A Casino

0
Border Containers 34754 C0 435 5219

Arizona refuses U.S. demand to remove shipping containers from border

0
How Finnair’s Huge Bet On Faster Flights To Asia Suddenly Came Undone

How Finnair’s Huge Bet on Faster Flights to Asia Suddenly Came Undone

0
Netflix Cuts Basic Tier In U.s. And U.k.

Netflix cuts basic tier in U.S. and U.K.

July 19, 2023
Hollywood Unions File Labor Complaint Against Nbcuniversal

Hollywood unions file labor complaint against NBCUniversal

July 19, 2023
Jason Aldean ‘Try That In A Small Town’ Music Video Pulled By Cmt

Jason Aldean ‘Try That in a Small Town’ music video pulled by CMT

July 18, 2023
Tupac Shakur, Late Rapper And Actor, To Be Honored With A Street Name In California

Tupac Shakur murder investigation: Las Vegas police serve search warrant

July 18, 2023

Recent News

Netflix Cuts Basic Tier In U.s. And U.k.

Netflix cuts basic tier in U.S. and U.K.

July 19, 2023
Hollywood Unions File Labor Complaint Against Nbcuniversal

Hollywood unions file labor complaint against NBCUniversal

July 19, 2023
Jason Aldean ‘Try That In A Small Town’ Music Video Pulled By Cmt

Jason Aldean ‘Try That in a Small Town’ music video pulled by CMT

July 18, 2023
Tupac Shakur, Late Rapper And Actor, To Be Honored With A Street Name In California

Tupac Shakur murder investigation: Las Vegas police serve search warrant

July 18, 2023

TrendingNews

No Content Available

New updates

Netflix Cuts Basic Tier In U.s. And U.k.

Netflix cuts basic tier in U.S. and U.K.

by Conservative Guard
July 19, 2023
0

Hollywood Unions File Labor Complaint Against Nbcuniversal

Hollywood unions file labor complaint against NBCUniversal

by Conservative Guard
July 19, 2023
0

Browse by Category

  • Breaking News
  • Business
  • China
  • Crime
  • Entertainment
  • Finance
  • Politics
  • US
  • World News

© 2022 www.conservativeguard.com

No Result
View All Result
  • Conservative Guard

© 2022 www.conservativeguard.com

Go to mobile version