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Biden warns there will be 'consequences' for Saudi Arabia after oil production cut

Posted on AllSides October 12th, 2022
From The Left
Mandel Ngan / AP file

President Joe Biden warned Tuesday that Saudi Arabia would face "consequences" after OPEC+ last week announced the biggest cut in oil production since the start of the coronavirus pandemic.

Senior Democrats on Capitol Hill have condemned the decision by Saudi Arabia, the de facto leader of the oil-producing alliance, to reduce the global supply of petroleum. Higher oil prices are seen as helping Russia, the world's second-largest oil exporter, finance its war in Ukraine.

"There’s going to be some consequences for what they’ve done with Russia," Biden said of Saudi Arabia in an interview with...

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https://www.nbcnews.com/politics/joe-biden/biden-warns-will-consequences-saudi-arabia-oil-production-cut-rcna51804

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