Why Gulf states find it hard to turn on the oil spigot for Biden

Posted on AllSides March 9th, 2022
From The Center
energy, oil, Gulf States, Joe Biden
Fabrice Coffrini/Reuters

Oil tides have changed. Gulf states’ reluctance to help out on the Ukraine crisis is an indicator of a major shift in strategic thought tilting toward Russia and away from their longtime ally, the U.S.

For years, when prices at the pumps skyrocketed or an economic crisis loomed, American presidents knew just who to call.

Now with the Ukraine war sending oil prices to over $130 a barrel, and prospects of wider bans on Russian oil and gas threatening a global recession, Washington’s hotline to the world’s largest oil producers...

Read full story
Some content from this outlet may be limited or behind a paywall.

Christian Science Monitor

AllSides Media Bias Rating: Center
AllSides Media Bias Rating: Center
See full bias rating for Christian Science Monitor
Learn about media bias

More News about Energy from the Left, Center and Right

From the Left

From the Center

From the Right