25.8 C
HomeUncategorizedA Saudi prince threatens the West after Biden's promise of "consequences" to...

A Saudi prince threatens the West after Biden's promise of “consequences” to Riyadh for the OPEC + decision


These statements are also due to criticism from the US Democratic caucus that seeks, with a series of punitive measures, to increase pressure on Saudi Arabia.

Saudi Prince Saud al Shaalan, a close relative of Saudi Crown Prince Mohammed bin Salmán, issued a warning against the West amid discrepancies between his country and the US raised by the decision of the Organization of Countries Oil Exporters Plus (OPEC+) to cut oil production.

“Anyone who challenges the existence of this country and this kingdom. All of us are products of jihad and martyrdom. That is my message to anyone who thinks they can threaten us ,” Al Shaalan said in a video circulating on social media. , in which it is pronounced in English and French.

These statements seem to respond to the promise of the US president, Joe Biden, who last week warned that what was agreed by OPEC+ would have certain “consequences” for relations between your country and Riyadh. Likewise, it obeys criticism from the US Democratic caucus that seeks, with a series of punitive measures, to increase coercion on Saudi Arabia, whom they accuse of pressuring other OPEC + countries to accept the cut in crude oil by 2 million barrels. newspapers, despite Washington’s request to delay the decision.

¿Qué consecuencias tendrá la decisión de la OPEP+ de recortar la producción de petróleo?

This situation has been seen from the US as a deliberate blow that deserves a response reciprocal. In this context, one of the first repercussions could be the suspension of arms sales to Riyadh for a year, a proposal that found support among several senators. Likewise, other Democrats, who described the drastic cut as a “hostile act against the US”, called for the withdrawal of US troops from Saudi Arabia and the United Arab Emirates.

While from Washington the production cut is described as a clear choice by Riyadh to side with Russia in the conflict with Ukraine, the Saudi Minister of Energy, Prince Abdulaziz bin Salmán, assured this Sunday that it was a measure taken taking into account the global economic situation, which guarantees the stability of the energy markets.

OPEP+ vs. NOPEC: ¿Qué puede desatar la confrontación entre EE.UU. y otros exportadores de petróleo?

Last week the Saudi Ministry of Foreign Affairs issued a statement in which it expressed its “total rejection” of the accusations that the OPEC+ decision was politically motivated against the US and in which it described as “unfortunate” any “attempt to distort the facts about the kingdom’s position regarding the crisis in Ukraine”. The agency added that OPEC+ resolutions are adopted by “consensus” and not based on unilateral decisions by a single country, with the purpose of maintaining the balance of supply and demand in the oil markets and “limiting the volatility that it does not serve the interests of consumers and producers”.

In the midst of the announced cuts, which could raise crude oil prices worldwide, Washington may once again consider ratification of the bill known as the No Petroleum Production and Export Cartels Act (NOPEC). This legislative initiative could expose OPEC+ members to antitrust lawsuits in US courts, which could serve as a tool to combat high fuel prices.


latest articles

explore more

error: Content is protected !!