Saudi Arabia is signaling it isn’t willing to pump more oil and won’t push for changes to an agreement with Russia and other producers that has kept a lid on oil production levels.
The Associated Press
On Thursday, Emily Horne, the spokesperson for the White House National Security Council, said the officials discussed a “collaborative approach” with the Saudis to manage potential market pressures stemming from a possible Russian invasion of Ukraine. Higher prices at the pump pose a threat to Democrats at the polls in upcoming midterm elections. Biden has warned that gas prices could rise even higher if Russian President Vladimir Putin invades Ukraine.
The Biden administration has emphasized U.S. strategic interests with Saudi Arabia, a departure from the Trump administration's personal relationship with the crown prince that was cultivated by advisor Jared Kushner.
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